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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, a retail trade services company headquartered in CL, reported approximately 552,972,000 kg CO2e in Scope 1 emissions, 148,295,000 kg CO2e in market-based Scope 2 emissions, and about 104,811,000 kg CO2e in Scope 3 emissions (including purchased goods and services, and waste generated in operations) for 2024.
For 2023, the company disclosed Scope 1 emissions of approximately 582,000,000 kg CO2e and market-based Scope 2 emissions of around 174,000,000 kg CO2e. In 2022, Scope 1 emissions were about 611,000,000 kg CO2e and market-based Scope 2 emissions were approximately 160,000,000 kg CO2e.
Looking back to 2021, Cencosud's Scope 1 emissions were approximately 765,000,000 kg CO2e, and market-based Scope 2 emissions were around 277,000,000 kg CO2e. The company’s total emissions for 2020 were approximately 1,040,862,000 kg CO2e, comprising about 607,054,000 kg CO2e from Scope 1, 331,490,000 kg CO2e from Scope 2, and 102,318,000 kg CO2e from Scope 3. In 2019, total emissions were approximately 1,232,019,000 kg CO2e, with Scope 1 at about 757,582,000 kg CO2e, Scope 2 at around 388,986,000 kg CO2e, and Scope 3 at approximately 85,451,000 kg CO2e.
Cencosud has set several climate commitments. It aims to reduce its Scope 1 emissions by 25% by 2025, using a 2021 baseline. The company also intends to reduce its Scope 2 emissions by 9% by 2025, 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, with a baseline year of 2023 for these long-term targets. All reported emissions data are directly from 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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