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. Operating primarily in the retail industry, the company encompasses hypermarkets, supermarkets, department stores, and shopping centres, making it a versatile player in the market. Cencosud is renowned for its diverse range of products and services, including groceries, clothing, and electronics, all delivered through innovative shopping experiences. The company has achieved notable milestones, such as expanding its e-commerce capabilities and enhancing customer engagement through technology. With a strong market position, Cencosud continues to be a leader in the retail sector, recognised for its commitment to quality and customer satisfaction.
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.
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.
Cencosud's score of 23 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cencosud reported total carbon emissions of approximately 95,338 tonnes CO2e, comprising 559,947 tonnes CO2e from Scope 1, 167,717 tonnes CO2e from Scope 2, and 93,380 tonnes CO2e from Scope 3 emissions. This marks a significant reduction in emissions compared to previous years, reflecting the company's ongoing commitment to sustainability. In 2021, Cencosud's total emissions were about 1,176,841 tonnes CO2e, with Scope 1 emissions at 21,000 tonnes CO2e, Scope 2 at 2,085,000 tonnes CO2e, and Scope 3 at 1,476,000 tonnes CO2e. The company has demonstrated a trend of decreasing emissions over the years, with total emissions dropping from approximately 1,232,019 tonnes CO2e in 2019 to the latest figure in 2023. Despite the positive trajectory in emissions reduction, Cencosud has not publicly committed to specific reduction targets or initiatives under frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of formal reduction targets suggests that while the company is making strides in reducing its carbon footprint, it may benefit from establishing clear, measurable goals to enhance its climate commitments further.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 1,607,000 | 0,000,000 | 000,000 | 000,000 | 00,000 | 000,000,000 |
Scope 2 | 33,801,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000,000 |
Scope 3 | - | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 00,000,000 |
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.