Iceland Foods sustainability score: 42/100

Iceland reports Scope 1 and 2 emissions of 157,807 tCO2e in FY2024/25, a 2.9% year-on-year reduction and 40% below 2011/12 baseline. Data is multi-year and GHG Protocol-aligned but lacks current third-party limited assurance, preventing a higher score.

Over 95% of Iceland's emissions are Scope 3, yet no aggregate Scope 3 tonnage is disclosed for FY2024 or FY2025. The Green Mile project achieved only 2,100 tCO2e reduction. Cero.earth platform implementation begun in 2024 but no output published. Supply chain remains largely unquantified.

Scope 1 and 2 emissions declined 40% from 263,461 tCO2e (2011/12) to 157,807 tCO2e (FY2024/25). Reduction rate has slowed materially since 2022. Scope 3 trajectory is untracked, representing over 95% of total footprint.

Iceland procures 100% renewable electricity via REGO certificates and a 64 GWh/year PPA with Octopus Energy (solar). Rooftop solar at 20 sites generated 3 GWh in FY25. Fleet remains largely diesel; only 11 electric vans planned for 2024.

Iceland sources 100% own-label wild fish and seafood from MSC-certified fisheries (46 products by FY2024), a credible third-party commitment. However, it reintroduced palm oil in 2022 after pledging removal in 2018, citing sunflower shortage. No TNFD disclosure or broader biodiversity policy found.

Food surplus reduced to 0.48% of food handled in FY2024/25, a 38% decrease from 2017/18 baseline, with 33% redistributed. Iceland abandoned its 2018 pledge to remove all own-label plastic by 2023, achieving only 29% reduction by 2020. No current packaging data published.

No water consumption, footprint, discharge data, or stewardship programme found in Iceland's carbon or ESG reports. Embedded supply chain water footprint in meat, dairy, and seafood products is unquantified and unaddressed in public disclosure.

Iceland has self-set targets: 60% Scope 1/2 reduction by 2030 (vs 2011/12) and 50% Scope 3 reduction by 2030. Signed Amazon Climate Pledge for net zero by 2040 and Courtauld Commitment 2030. None are SBTi-validated. Scope 3 baseline and progress unquantified.

Iceland publishes annual Carbon, ESG, and Food Waste Reports with SECR compliance since 2019. FY2024/25 ESG Report claims partial TCFD compliance (5 of 11 disclosures). No third-party assurance found; no executive pay linkage to sustainability targets identified.

Iceland abandoned plastic removal pledge (2023 deadline) and palm oil removal in 2022 while continuing to market them—Changing Markets Foundation flagged greenwashing. The Grocer (October 2025) found Iceland the most carbon-intensive UK supermarket at 38.33 tCO2e per million sales, over 3x Aldi and Lidl.