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.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Cencosud's reported carbon emissions
Cencosud, headquartered in Chile (CL) and operating in the retail trade services sector, has reported its carbon emissions for several years. In 2024, the company reported approximately 804.1 million kg CO2e for Scope 1 emissions and approximately 148.3 million kg CO2e for Scope 2 (market-based). Scope 3 emissions for 2024 included approximately 3.5 million kg CO2e for purchased goods and services and approximately 101.3 million kg CO2e for waste generated in operations.
For 2023, Cencosud reported approximately 582 million kg CO2e for Scope 1 emissions and approximately 174 million kg CO2e for Scope 2 (market-based). Scope 3 data was not disclosed for this year. In 2022, Scope 1 emissions were approximately 611 million kg CO2e and Scope 2 (market-based) were around 160 million kg CO2e. Prior to 2022, the company also disclosed Scope 3 emissions, with 2020 reporting approximately 102.3 million kg CO2e and 2019 reporting approximately 85.5 million kg CO2e.
Cencosud has set several climate commitments. The company aims to reduce its Scope 1 emissions by 25% by 2025, using a 2021 baseline. It also targets a 9% reduction in Scope 2 emissions by 2025, also from a 2021 baseline. Looking further ahead, Cencosud is committed to achieving net-zero emissions for its Scope 1 operations by 2050 and for its Scope 2 operations by 2050.
It is important to note that Cencosud's emissions data is cascaded from its ultimate parent company, Cencosud S.A. (as indicated by cascade_level: 3 and relationship_type: 'current_subsidiary'). Therefore, the disclosed emissions and reduction targets are inherited from Cencosud S.A.
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Cencosud’s Climate Goals (2030 & 2050)
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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Scope 3 top emissions categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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