Charoen Pokphand Foods
Charoen Pokphand Foods Public Company Limited, commonly known as CPF, is a leading player in the global agribusiness and food industry, headquartered in Thailand. Established in 1921, CPF has evolved into a major force in the production and distribution of high-quality food products, particularly in the poultry, aquaculture, and livestock sectors. With operations spanning across Asia, Europe, and the Americas, CPF is renowned for its commitment to sustainable practices and innovation. The company offers a diverse range of products, including processed meats, ready-to-eat meals, and animal feed, distinguished by their adherence to stringent quality standards. As a market leader, CPF has received numerous accolades for its contributions to food safety and environmental stewardship, solidifying its position as a trusted brand in the global food supply chain.
DitchCarbon Score
How does Charoen Pokphand Foods's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Food Product Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Charoen Pokphand Foods's score of 63 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Charoen Pokphand Foods's reported carbon emissions
In 2023, Charoen Pokphand Foods (CPF) reported significant carbon emissions, totalling approximately 803,340,000 kg CO2e from Scope 1 and Scope 2 sources. Specifically, Scope 1 emissions accounted for about 175,405,000 kg CO2e, while Scope 2 emissions were approximately 627,934,000 kg CO2e (market-based). CPF has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its value chain by 2050. To meet its targets, CPF has established several near-term goals. By 2025, the company plans to reduce its Scope 1 and Scope 2 emissions per production unit by 25% compared to a 2015 baseline. Additionally, CPF aims to cut its Scope 2 emissions by 30% from a 2020 baseline by 2030, with a long-term goal of reducing these emissions by 90% by 2050. For Scope 1 emissions, CPF also targets a 30% reduction from the 2020 baseline by 2030. Furthermore, CPF is committed to reducing its absolute Scope 3 emissions by 42% by 2030, which encompasses emissions from purchased goods and services, transportation, and waste, among others. The company has also pledged to eliminate deforestation linked to its primary commodities by the end of 2025. These initiatives reflect CPF's dedication to sustainability and its proactive approach to mitigating climate change impacts within the food and beverage processing sector.
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| 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 220,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 660,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | 0,000,000,000 | - | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Charoen Pokphand Foods is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
