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Cencosud S.A., one of Latin America's largest retail companies, is headquartered in Santiago, Chile. Founded in 1978, Cencosud has established a strong presence across several key markets, including Chile, Argentina, Brazil, Colombia, and Peru. The company operates primarily in the retail trade services sector, excluding motor vehicles and motorcycles, and offers repair services for personal and household goods.
Cencosud's diverse portfolio includes hypermarkets, supermarkets, department stores, and shopping centres, making it a leader in the region's retail landscape. Notable for its innovative approach to customer service and technology integration, Cencosud has achieved significant milestones, including the expansion of its e-commerce platform. With a commitment to sustainability and community engagement, Cencosud continues to strengthen its market position, earning recognition for its operational excellence and customer-centric strategies.
+1 vs industry average
Cencosud’s score of 37 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Retail Trade Services has below-average carbon intensity
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Cencosud, headquartered in CL and operating in retail trade services, reported its Scope 1 emissions for 2024 as 552,972,000 kg CO2e, and its Scope 2 market-based emissions as 148,295,000 kg CO2e. The company also disclosed partial Scope 3 emissions for 2024, including 3,526,000 kg CO2e from purchased goods and services and 101,285,000 kg CO2e from waste generated in operations.
Looking at previous years, in 2023, Cencosud's Scope 1 emissions were 582,000,000 kg CO2e, and Scope 2 market-based emissions were 174,000,000 kg CO2e. For 2022, Scope 1 emissions were 611,000,000 kg CO2e, and Scope 2 market-based emissions were 160,000,000 kg CO2e. In 2021, the company's Scope 1 emissions were 765,000,000 kg CO2e, and Scope 2 market-based emissions were 277,000,000 kg CO2e.
Cencosud has set several climate commitments. It aims to reduce its Scope 1 emissions by 25% by 2025, using a 2021 baseline. Additionally, the company targets a 9% reduction in its Scope 2 emissions by 2025, also from a 2021 baseline. In the long term, Cencosud is committed to achieving net-zero emissions for its Scope 1 and Scope 2 operations by 2050. These reduction targets and commitments are available through S&P Global and are cascaded from the parent organization, Cencosud S.A.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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