Cencosud
Cencosud S.A., one of Latin America's largest retail companies, is headquartered in Santiago, Chile. Founded in 1960, Cencosud has established a significant presence across several countries, including Argentina, Brazil, Colombia, and Peru. The company operates primarily in the retail sector, focusing on hypermarkets, supermarkets, department stores, and shopping centres. Cencosud is renowned for its diverse range of products and services, which include groceries, clothing, electronics, and home goods. Its unique approach to customer experience and innovation has positioned it as a leader in the industry. Notable achievements include its successful expansion into various markets and the development of a robust e-commerce platform, enhancing its competitive edge. With a commitment to sustainability and community engagement, Cencosud continues to shape the retail landscape in South America.
DitchCarbon Score
How does Cencosud'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 Retail Trade Services 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
Cencosud's score of 33 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cencosud's reported carbon emissions
In 2023, Cencosud reported total carbon emissions of approximately 823,002,000 kg CO2e. This figure includes 559,947,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 167,717,000 kg CO2e from Scope 2 emissions, associated with purchased electricity. Additionally, Scope 3 emissions accounted for about 95,338,000 kg CO2e, with significant contributions from waste generated in operations. Cencosud has demonstrated a commitment to reducing its carbon footprint over the years. From 2018 to 2023, the company achieved a notable reduction in total emissions, decreasing from approximately 1,174,025,000 kg CO2e in 2018 to 823,002,000 kg CO2e in 2023. This represents a reduction of about 351,023,000 kg CO2e, highlighting the effectiveness of their sustainability initiatives. Despite the positive trend in emissions reduction, Cencosud has not publicly disclosed specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its operational efficiency and sustainability practices to further mitigate its environmental impact.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 687,608,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 486,417,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,544,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Cencosud is not committed to any reduction initiatives 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.
