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Argea Group

argea.com 4.5

Explore carbon emissions data for Argea Group. Mycelium helps you review reported emissions, disclosure status, Scope 1, Scope 2 and Scope 3 data, climate targets and sustainability information in one company profile.

This profile brings together available carbon emissions data for Argea Group, including reported figures, modelled estimates, disclosure documents and sustainability indicators, so you can review its emissions and compare its performance against similar companies. Read how we source and check this data.

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Emissions

Carbon emissions

Structured data JSON-LD, Open Corporate Carbon Footprint Data Model Spreadsheet CSV

Open Corporate Carbon Footprint Data Model, by the Carbon Accounting Alliance with Murmurate Digital, Mycelium and Roundarc.

Total yearly emissions across all scopes

239,074 tCO2e (Market Based)

Scope 1

tCO2e

2,202

Scope 2 (Market Based)

tCO2e

0

Scope 3 total

tCO2e

232,490

Scope 3 reported

  1. 1
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  4. 4
  5. 5
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  10. 10
  11. 11
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view full emissions profile

Provenance

Review the sources and documents behind Argea Group's emissions data. Provenance matters because it shows where the information comes from, how recent it is and how complete the disclosure appears to be.

Documents

Carbon accountant

Emissions
Factors

Modelled emission factor Total, all scopes including all Scope 3
617,944 kgCO2e / £M

Supplier specific emission factors (kgCO2e / £M)

Modelled
Reported
Scope 1 + 2 Direct + purchased energy
17,018
17,018
Upstream + upstream Scope 3
438,897
421,222
Total + all Scope 3
617,944
513,371

Which figure should I use?

Use Modelled. It is the most complete view: any categories the company hasn't disclosed are filled with industry-typical estimates, so a transparent company isn't unfairly penalised against one that simply hasn't reported.

Reported counts only emissions the company has filed itself. A blank or low Reported cell doesn't mean those emissions don't exist, just that the company hasn't disclosed them.

When Reported sits close to Modelled, that is a positive signal. The company has disclosed most of its salient emissions and there's little gap for the model to fill. Even then, Modelled is the right figure to use for a like-for-like comparison across companies.

Sustainability
Snapshot

Based on reported data, retrieved with AI

  • Argea Group reported 239,074 tCO₂e in 2023.
  • Scope 3 accounted for 97% of emissions.
  • Reported across 10 of 15 GHG Protocol Scope 3 categories.
  • Scope 2 reported under the market based methodology.

According to available emissions disclosures, Argea Group reported total yearly emissions of 239,074 tCO₂e in 2023. Scope 3 emissions accounted for 97% of reported output, indicating supply chain activity, purchased goods and services, business travel, and wider operational dependencies were the most significant contributors to the company's carbon footprint.

The company achieved a Mycelium Score of 4.5, placing it mid-pack within its sector for sustainability performance, and received a transparency score of 90.8, an exceptional result, reflecting open disclosure across nearly every key emissions metric.

Total Emissions across all scopes

239,074 tCO2e (Market Based)

Scope 1 emissions

Direct emissions from sources the company owns or controls, such as fuel use, facilities and vehicles.

Direct emissions

2,202

tCO2e

Scope 2 emissions

Indirect emissions from purchased energy, including electricity, heating and cooling.

Location based

4,382

tCO2e

Market based

0

tCO2e

Scope 3 emissions

Wider value chain emissions across the 15 GHG Protocol categories, from purchased goods and business travel to investments, where reported.

Cat 1

Purchased goods & services

143,032

tCO2e
ESTIMATED

Cat 2

Capital goods

6,838

tCO2e

Cat 3

Fuel & energy related activities

361

tCO2e

Cat 4

Upstream transportation & distribution

11,946

tCO2e

Cat 5

Waste generated in operations

172

tCO2e

Cat 6

Business travel

203

tCO2e

Cat 7

Employee commuting

656

tCO2e

Cat 8

Upstream leased assets

11

tCO2e

Cat 9

Downstream transportation & distribution

33,719

tCO2e
ESTIMATED

Cat 10

Processing of sold products

12,142

tCO2e
ESTIMATED

Cat 11

Use of sold products

15,429

tCO2e

Cat 12

End-of-life treatment of sold products

1,926

tCO2e

Cat 13

Downstream leased assets

6

tCO2e
ESTIMATED

Cat 14

Franchises

3,024

tCO2e
ESTIMATED

Cat 15

Investments

3,024

tCO2e

5 values were derived via Mycelium's normalisation process rather than reported by the company. Cells marked “–” were not disclosed.

Structured data JSON-LD, Open Corporate Carbon Footprint Data Model Spreadsheet CSV

Open Corporate Carbon Footprint Data Model, by the Carbon Accounting Alliance with Murmurate Digital, Mycelium and Roundarc.

Climate targets

Science Based Targets initiative

Near-term target

Targets set (1.5°C), target year 2030

Long-term target

Targets set, target year 2050

Net zero

Targets set, by 2050

Source: Science Based Targets initiative, Companies Taking Action.

Contact Info

Website

www.argea.com

Address

PIAZZA BABILA (SAN), 1/3
MILANO
20121

Country

Italy

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How scoring works

How the Mycelium Score is calculated

The Mycelium Score is out of 10. Up to 6.5 points reflect carbon intensity vs sector peers (emissions normalised against revenue). The remaining 3.5 reflect data quality: third-party verified, profile claimed by the company, and full disclosure across all reporting categories.

A higher score means lower carbon intensity than sector peers, backed by data that's third-party verified, claimed by the company, and fully disclosed. Argea Group's score sits at the top of this page and in the score panel.

How the Transparency Score is calculated

The Transparency Score measures how much of a company's key emissions data is publicly disclosed, graded from A (very high) down to F (very low). Crucially, it weights each gap by how material that bucket is for the company's industry, so an undisclosed category where the bulk of emissions sit hurts far more than a minor one.

For Argea Group, the single biggest gap is Use of sold products (Scope 3 Category 11). Mycelium estimates it accounts for around 7% of the company's total footprint, typically the largest source of emissions for a Retail company, yet it hasn't been disclosed. Leaving a bucket this large unreported is what's holding the transparency score down.

Other material categories Argea Group hasn't disclosed:

  • Processing of sold products (Scope 3 Category 10), around 5% of the estimated footprint
  • Capital goods (Scope 3 Category 2), around 3% of the estimated footprint

In total, roughly 15% of Argea Group's estimated emissions sit in categories it hasn't reported. Disclosing these would be the fastest way to raise the transparency score.

Cover of Mycelium's scoring methodology white paper Read the full scoring methodology Our white paper covers exactly how the Mycelium Score and Transparency Score are calculated, including the normalisation process and what earns a 10/10. Download the white paper (PDF)

Argea Group carbon emissions FAQs

What are Argea Group's carbon emissions?

In its 2023 reporting year, Argea Group disclosed total emissions of 239,074 tCO2e across all scopes. Scope 3 accounted for the largest share, around 97% of the total.

Does Argea Group report Scope 1, Scope 2 and Scope 3 emissions?

For 2023, Argea Group's available disclosure covers Scope 1 (2,202 tCO2e), Scope 2 (0 tCO2e), Scope 3 across 10 of the 15 GHG Protocol categories. Figures not reported by the company are shown as modelled estimates and labelled as such.

How transparent is Argea Group's emissions reporting?

Argea Group has a Mycelium transparency score of 90.8 out of 100. The score weights each emissions category by how material it is for the company's industry, so it reflects whether the disclosures that matter most have been made.

Is Argea Group sustainable?

Mycelium measures sustainability through carbon emissions data rather than giving a yes or no verdict. Argea Group has a Mycelium Score of 4.5 out of 10, which reflects its emissions intensity against sector peers together with how transparent and well-verified its reporting is. The emissions figures, disclosure documents and climate targets on this page give the fuller picture.

Is Argea Group environmentally friendly?

Carbon emissions are one measurable part of environmental impact, and the part Mycelium tracks. Argea Group disclosed 239,074 tCO2e for 2023, and its Mycelium Score of 4.5 out of 10 shows how that performance compares with similar companies in its sector.

Learn more about our methodology and where this data comes from.