Cencosud Sustainability Profile
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 57 is higher than 74% 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 2024, Cencosud reported total carbon emissions of approximately 105.2 million kg CO2e, comprising 174,000 kg CO2e from Scope 1, 95,000 kg CO2e from Scope 2, and about 104.9 million kg CO2e from Scope 3 emissions. This reflects a significant reduction from 2023, where total emissions were approximately 823 million kg CO2e, with Scope 1 emissions at about 560 million kg CO2e, Scope 2 at approximately 168 million kg CO2e, and Scope 3 at about 95.3 million kg CO2e. Cencosud has set ambitious climate commitments, aiming to reduce its Scope 1 emissions by 25% and Scope 2 emissions by 9% by 2025, using 2021 as the baseline year. Furthermore, the company is committed to achieving net zero emissions for both Scope 1 and Scope 2 operations by 2050. These targets are part of a broader strategy to enhance sustainability and reduce the environmental impact of its operations. The emissions data is cascaded from its parent company, Cencosud S.A., reflecting the company's commitment to transparency and accountability in its climate initiatives.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 687,608,000 | 000,000,000 | 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 | 00,000 |
| Scope 3 | - | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
How Carbon Intensive is Cencosud's Industry?
How Carbon Intensive is Cencosud's Location?
Cencosud's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cencosud has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
