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.
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.
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.
Charoen Pokphand's score of 65 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Charoen Pokphand Group Co., Ltd. reported total greenhouse gas emissions of approximately 80.62 million tonnes CO2e. This includes 1.19 million tonnes CO2e from Scope 1 emissions, 4.63 million tonnes CO2e from Scope 2 emissions, and a significant 74.8 million tonnes CO2e from Scope 3 emissions. The total emissions for 2023 were slightly lower at about 79.36 million tonnes CO2e, with Scope 1 emissions at 1.28 million tonnes CO2e, Scope 2 at 4.5 million tonnes CO2e, and Scope 3 at 73.52 million tonnes CO2e. Charoen Pokphand has set ambitious climate commitments, aiming for net-zero emissions by 2050, which includes all scopes of emissions. The company has committed to reducing its absolute Scope 1 and 2 emissions by 42% by 2030, using 2021 as the baseline year. Additionally, it aims to reduce Scope 3 emissions by 25% within the same timeframe. Long-term targets include a 90% reduction in absolute Scope 1 and 2 emissions by 2050, alongside a 90% reduction in Scope 3 emissions. These targets align with the Science Based Targets Initiative (SBTi) and reflect the company's commitment to addressing climate change in line with 1.5°C scenarios. The organization is also focused on reducing greenhouse gas intensity per unit of revenue, with a target of a 10% reduction by 2020 compared to 2015 levels. Overall, Charoen Pokphand's emissions data and climate commitments demonstrate a proactive approach to sustainability and environmental responsibility within the food and beverage processing sector.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 241,694,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 1,575,563,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | - | - | - | 000,000,000 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
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.