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 44 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cencosud's reported carbon emissions
In 2023, Cencosud reported total carbon emissions of approximately 823,002,000 kg CO2e. This figure includes Scope 1 emissions of about 559,947,000 kg CO2e, Scope 2 emissions of approximately 167,717,000 kg CO2e, and Scope 3 emissions of around 95,338,000 kg CO2e. Notably, Cencosud has made significant strides in reducing its carbon footprint, achieving a reduction from 2022's total emissions of about 907,590,000 kg CO2e. Cencosud has set ambitious reduction targets, aiming for a 25% decrease in Scope 1 emissions by 2025, using 2021 as a baseline. Additionally, the company plans to reduce its Scope 2 emissions by 9% within the same timeframe. Looking towards the future, Cencosud is committed to achieving net zero emissions for both Scope 1 and Scope 2 operations by 2050. These commitments reflect Cencosud's proactive approach to climate action, aligning with industry standards and contributing to global efforts to mitigate climate change.
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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 participating in any 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.
