Public Profile

Charoen Pokphand

Charoen Pokphand Group, commonly known as CP Group, is a leading multinational conglomerate headquartered in Thailand. Founded in 1921, the company has established a strong presence in the agribusiness and food industry, with significant operations across Asia, Europe, and the Americas. CP Group is renowned for its diverse portfolio, which includes animal feed production, aquaculture, and processed food products, all characterised by high quality and innovation. With a commitment to sustainable practices, CP Group has achieved notable milestones, such as being one of the largest producers of shrimp and poultry in the region. The company’s market position is further solidified by its dedication to research and development, ensuring that its offerings meet the evolving needs of consumers. As a pioneer in the industry, Charoen Pokphand continues to set benchmarks for excellence and sustainability in food production.

DitchCarbon Score

How does Charoen Pokphand'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.

42

Industry Average

Mean score of companies in the Production of Other Meats 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.

3

Industry Benchmark

Charoen Pokphand's score of 42 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

Charoen Pokphand's reported carbon emissions

In 2023, Charoen Pokphand Group Co., Ltd. reported total greenhouse gas emissions of approximately 79,340,000,000 kg CO2e globally, with emissions distributed across various scopes: 1,240,000,000 kg CO2e (Scope 1), 4,820,000,000 kg CO2e (Scope 2), and 73,520,000,000 kg CO2e (Scope 3). In Thailand, the company recorded Scope 1 and 2 emissions of about 3,687,000,000 kg CO2e. Charoen Pokphand has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2021 baseline. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions by the same year. These targets include land-related emissions and removals from bioenergy feedstocks, aligning with the Science Based Targets initiative (SBTi) to limit global warming to 1.5°C. The company's ongoing efforts reflect a commitment to sustainability within the food and beverage processing sector, as it strives to mitigate its environmental impact while enhancing operational efficiency.

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2017201820192020202120222023
Scope 1
1,260,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
3,960,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
630,000,000
000,000,000
-
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Charoen Pokphand's primary industry is Meat animals nec, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Charoen Pokphand is headquartered in TH, which has a rank of low, indicating low grid carbon 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 is committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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