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.
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 44 is higher than 68% 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 2023, Cencosud reported total carbon emissions of approximately 823,002,000 kg CO2e. This figure includes Scope 1 emissions of about 559,947,000 kg CO2e, Scope 2 emissions of around 167,717,000 kg CO2e, and Scope 3 emissions totalling approximately 95,338,000 kg CO2e. Comparatively, in 2022, the company’s total emissions were about 907,590,000 kg CO2e, with Scope 1 at approximately 633,628,000 kg CO2e, Scope 2 at around 185,878,000 kg CO2e, and Scope 3 at about 88,085,000 kg CO2e. This indicates a significant reduction in total emissions year-on-year. Cencosud has set ambitious climate commitments, aiming to reduce its Scope 1 emissions by 25% by 2025 from a 2021 baseline. Additionally, the company 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 both Scope 1 and Scope 2 operations by 2050. These initiatives reflect Cencosud's proactive approach to addressing climate change and reducing its carbon footprint, aligning with industry standards and expectations for corporate sustainability.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 687,608,000 | 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 | 000,000,000 |
| Scope 3 | 1,544,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions 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 participating in any of the initiatives that 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.
