Public Profile

Cencosud

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.

33

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.

11

Industry Benchmark

Cencosud's score of 33 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

47%

Cencosud's reported carbon emissions

In 2023, Cencosud reported total carbon emissions of approximately 823,002,000 kg CO2e. This figure includes about 559,947,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and approximately 167,717,000 kg CO2e from Scope 2 emissions, related to purchased electricity and energy. Additionally, Scope 3 emissions were reported at about 95,338,000 kg CO2e, encompassing indirect emissions from the value chain, including purchased goods and services. Over the years, Cencosud has demonstrated a trend of decreasing emissions. For instance, total emissions decreased from approximately 1,123,090,000 kg CO2e in 2021 to about 823,002,000 kg CO2e in 2023. This represents a significant reduction, showcasing the company's commitment to improving its environmental impact. Despite these reductions, Cencosud has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal targets suggests that while the company is making progress in reducing emissions, it may benefit from establishing clearer commitments to enhance its climate strategy further.

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Add to project
2017201820192020202120222023
Scope 1
1,607,000
0,000,000
000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
33,801,000
00,000,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
-
0,000,000
0,000,000
000,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cencosud's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Cencosud is headquartered in CL, which has a rank of medium, indicating medium grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Cencosud is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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