Petco Health and Wellness Company, Inc.
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:144,941 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:18,268 tCO2e/year
Scope 2 Emissions:126,673 tCO2e/year
Scope 3 Emissions:548,622 tCO2e/year (estimated)
Renewable Energy Share:0.3% of total energy use
Total Energy Consumption:460,261 MWh/year
Water Consumption:2,295,872 m3/year
Waste Generated:12,484 tons/year (Pet Care Centers); 36,329 tons/year (Distribution Centers)
Carbon Intensity:Decreasing year-over-year.
ESG Focus Areas
- Pet Welfare & Humane Treatment
- Pet Health, Nutrition, & Wellbeing
- Employee Health, Safety, & Wellbeing
- Diversity, Equity, & Inclusion
- Sustainable Product Offering
- Responsible Packaging
- Climate Impact
- Responsible Sourcing & Supply Chain Practices
- Data Privacy & Cybersecurity
- Government Affairs
Environmental Achievements
- Reduced energy intensity per dollar of sales for the fourth consecutive year.
- Reduced emissions intensity per dollar of sales for the fourth consecutive year.
- Eliminated approximately 66,000 pounds of plastic waste and nearly 8 million pounds of cardboard waste through packaging reduction initiatives.
- Eliminated 6.5 million single-use plastic bags within the Owned Brand supply chain.
- 96% of total aquatic life sold was bred via aquaculture.
Social Achievements
- Increased average hourly wage rates by double-digit percentages for partners since the beginning of the pandemic.
- Paid out bonuses over 200% in 2021.
- Invested nearly $12 million in benefits premiums and enhancements since the pandemic began.
- Provided nearly $372,000 of funding to support 322 partners in 2021 through the Petco Partner Assistance Fund.
- More than 50% of director and above new hires and promotions were filled by women and people of color.
- Launched Together Strong, a pet cancer awareness campaign.
- Began offering OncoK9™, a multi-cancer early detection test for dogs, at select vet hospitals.
- Removed all traditional rawhide options from assortment and transitioned to selling only safe and highly digestible alternatives.
- Launched a campaign to raise awareness of the importance of mental health for pets.
Governance Achievements
- Updated Code of Business Conduct in January 2021.
- Formalized Human Rights Policy in 2021.
- Engaged a third-party partner to conduct a pay equity analysis.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Increase assortment of sustainable products to 50% by the end of 2025.
- Develop science-based targets for Scope 1, 2, and 3 emissions.
- Develop detailed plans to enable a Net-Zero commitment in 2023.
Environmental Challenges
- Scope 3 emissions from Purchased Goods & Services and Upstream Transportation & Distribution are significant areas of impact.
- Need to reduce GHG emissions across the value chain.
- Maintaining high standards of animal welfare throughout the supply chain, especially during COVID-19 restrictions.
Mitigation Strategies
- Developing science-based targets for Scope 1, 2, and 3 emissions.
- Developing detailed plans to enable a Net-Zero commitment in 2023.
- Prioritizing higher-risk vendors for in-person audits and requesting self-audits from lower-risk vendors.
- Implementing a data minimization program aligned with stringent state-level policies.
Supply Chain Management
Supplier Audits: Annual audits normally required; in 2021, in-person audits prioritized for new and higher-risk vendors, with self-assessments requested from lower-risk vendors.
Responsible Procurement
- Petco Vendor Certification and Standards of Excellence Program
- Vendor Code of Conduct
- Updated Vendor Guide (2021)
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB, GRI Universal Standards
Certifications: American Humane Certified™ Seal of Approval (companion animal and aquatic life businesses)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Reddy, Youly, So Phresh, Canidae Sustain, Hill's, Jiminy's
Awards & Recognition
- Pet Sustainability Coalition Earth Hero Award (2021)
- American Humane Certified™ Seal of Approval (2022)