Cencosud

Cencosud, a retail trade services company headquartered in CL, reported approximately 772 million kg CO2e in total Scope 1, Scope 2, and partial Scope 3 emissions for 2024. This includes about 553 million kg CO2e in Scope 1 emissions (direct emissions), approximately 148 million kg CO2e in Scope 2 market-based emissions (indirect emissions from purchased energy), and about 105 million kg CO2e in certain Scope 3 categories (purchased goods and services, and waste generated in operations).

For comparison, in 2023, Cencosud reported a combined Scope 1 and Scope 2 market-based emissions total of approximately 756 million kg CO2e. In 2022, combined Scope 1 and Scope 2 market-based emissions were about 771 million kg CO2e.

Cencosud has established several climate commitments:

• Near-term targets by 2025 (from a 2021 baseline):
  • Reduce Scope 1 emissions by 25%.
  • Reduce Scope 2 emissions by 9%.
• Long-term net-zero commitments by 2050:
  • Achieve net-zero emissions for its Scope 1 operations.
  • Achieve net-zero emissions for its Scope 2 operations.

This emissions data and reduction initiatives are cascaded from the parent company Cencosud S.A.