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Charoen Pokphand Group (CP Group), headquartered in Thailand, is a leading player in the meat animals sector, specialising in the breeding, processing, and distribution of meat products. Established in 1921, the company has grown to become a prominent name within the industry, with a significant presence across Asia and beyond. Its core operations focus on poultry, swine, and aquaculture, offering high-quality meat products that meet rigorous safety and sustainability standards.
Renowned for its innovative approach and extensive supply chain, Charoen Pokphand has achieved notable market leadership in Thailand and regional markets. The company’s commitment to quality and efficiency has cemented its position as a key contributor to the global meat industry, making it a vital player in the nec (not elsewhere classified) segment of meat animals.
+47 vs industry average
Charoen Pokphand’s score of 52 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Production of Other Meats is among the most carbon-intensive industries
The Production of Other Meats industry has reduced its overall emissions by 13% since 2018
Scope 3 accounts for ••• of total emissions.
Charoen Pokphand, a Thai company in the Meat Animals NEC industry, reported its most recent total emissions in 2024 as approximately 80.62 billion kg CO2e. This figure includes Scope 1 emissions of about 1.19 billion kg CO2e, Scope 2 emissions of around 4.63 billion kg CO2e, and Scope 3 emissions totalling approximately 74.80 billion kg CO2e.
Looking back, their total emissions were approximately 79.36 billion kg CO2e in 2023, 79.39 billion kg CO2e in 2022, and 79.08 billion kg CO2e in 2021. For 2020, Charoen Pokphand reported Scope 1 emissions of approximately 1.06 billion kg CO2e and Scope 2 emissions (market-based) of about 5.30 billion kg CO2e.
Charoen Pokphand has set ambitious climate commitments, aligning with Science Based Targets Initiative (SBTi) guidance. The company aims for net-zero greenhouse gas emissions across its entire value chain by 2050, from a 2021 base year. This long-term commitment includes a 90% absolute reduction in Scope 1 and 2 GHG emissions by 2050, and a 90% absolute reduction in Scope 3 GHG emissions within the same timeframe, all from a 2021 base year.
For near-term targets, Charoen Pokphand commits to reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2021 base year. Additionally, they aim to reduce absolute Scope 3 GHG emissions by 25% by 2030, also from a 2021 base year. These near-term targets are classified as consistent with reductions required to keep warming to 1.5°C.
The company has also set FLAG (Forest, Land and Agriculture) related targets. They commit to reducing absolute Scope 1 and 3 FLAG GHG emissions by 30.3% by 2030 from a 2021 base year, and by 72% by 2050 from the same base year. Furthermore, Charoen Pokphand aims for no deforestation across its primary deforestation-linked commodities by December 31, 2025.
Earlier commitments include a target to lower greenhouse gas intensity per unit of revenue by 10% in 2020, compared to a 2015 baseline for Scope 1 and 2 emissions. Charoen Pokphand publicly discloses its climate-related information and commitments through various reports.
2050
90% reduction in Scope 2
Charoen Pokphand Group Co.,Ltd. commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2021 base year.* *The target bound…
2050
72% reduction in scope 3 total
Charoen Pokphand Group Co., Ltd. commits to reduce absolute scope 1 and 3 FLAG GHG emissions 72% by 2050 from a 2021 base year. *The target…
2050
72% reduction in Scope 1
Charoen Pokphand Group Co., Ltd. commits to reduce absolute scope 1 and 3 FLAG GHG emissions 72% by 2050 from a 2021 base year. *The target…
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Common questions about Charoen Pokphand’s sustainability data and climate commitments
Data year: 2024
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