Charoen Pokphand
Charoen Pokphand Group, commonly known as CP Group, is a leading multinational conglomerate headquartered in Thailand. Founded in 1921, the company has established a strong presence in the agribusiness and food industry, with significant operations across Asia, Europe, and the Americas. CP Group is renowned for its diverse portfolio, which includes animal feed production, aquaculture, and processed food products, all characterised by high quality and innovation. With a commitment to sustainable practices, CP Group has achieved notable milestones, such as being one of the largest producers of shrimp and poultry in the region. The company’s market position is further solidified by its dedication to research and development, ensuring that its offerings meet the evolving needs of consumers. As a pioneer in the industry, Charoen Pokphand continues to set benchmarks for excellence and sustainability in food production.
DitchCarbon Score
How does Charoen Pokphand'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 Production of Other Meats 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
Charoen Pokphand's score of 50 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Charoen Pokphand's reported carbon emissions
In 2023, Charoen Pokphand Group Co., Ltd. reported total greenhouse gas emissions of approximately 79,340,000,000 kg CO2e globally, with specific emissions breakdowns of 1,240,000,000 kg CO2e for Scope 1 and 4,820,000,000 kg CO2e for Scope 2. The company also disclosed significant Scope 3 emissions, amounting to approximately 73,520,000,000 kg CO2e. Charoen Pokphand has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the baseline year. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions by the same year. These targets encompass land-related emissions and removals from bioenergy feedstocks, aligning with the Science Based Targets initiative (SBTi) to ensure their goals are consistent with limiting global warming to 1.5°C. In previous years, the company reported emissions of approximately 73,350,000,000 kg CO2e in 2022, with Scope 1 and 2 emissions at about 5,820,000,000 kg CO2e. The commitment to sustainability reflects a proactive approach to addressing climate change within the food and beverage processing sector, with ongoing efforts to enhance operational efficiency and reduce environmental impact.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,260,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 3,960,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 630,000,000 | 000,000,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Charoen Pokphand is participating in some 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.
