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 35 is higher than 52% 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 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Cencosud's reported carbon emissions
Cencosud, a retail trade services company headquartered in CL, reported approximately 857.1 million kilograms of CO2e in Scope 1 emissions for 2024. Their Scope 2 emissions, using the market-based method, amounted to about 148.3 million kg CO2e in 2024. For the same year, Scope 3 emissions included approximately 3.5 million kg CO2e from purchased goods and services, and about 101.3 million kg CO2e from waste generated in operations.
In 2021, Cencosud established near-term climate targets, aiming to reduce its Scope 1 emissions by 25% by 2025 from a 2021 baseline. The company also set a target to reduce its Scope 2 emissions by 9% by 2025, also from a 2021 baseline. Looking further ahead, Cencosud is committed to achieving net zero emissions for both its Scope 1 and Scope 2 operations by 2050.
The emissions data for Cencosud is cascaded from its ultimate parent organisation, Cencosud S.A., where it is considered a current subsidiary at cascade level 3.
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Cencosud’s Climate Goals (2030 & 2050)
4 goals2025
25% reduction in Scope 1
Cencosud aims to reduce its Scope 1 emissions by 25% by 2025 from a 2021 baseline.
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
2 of 15 categories disclosedSee all scope 3 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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Cencosud
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