Charoen Pokphand Sustainability Profile
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 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.
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Charoen Pokphand's reported carbon emissions
In 2024, Charoen Pokphand Group Co., Ltd. reported total carbon emissions of approximately 80,620,000,000 kg CO2e. This includes Scope 1 emissions of about 1,190,000,000 kg CO2e, Scope 2 emissions of approximately 4,630,000,000 kg CO2e, and significant Scope 3 emissions amounting to about 74,800,000,000 kg CO2e. The total emissions for Scope 1 and 2 combined were around 5,820,000,000 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero emissions by 2050, which encompasses all scopes of emissions. In the near term, Charoen Pokphand has committed to reducing its absolute Scope 1 and 2 emissions by 42% and Scope 3 emissions by 25% by 2030, using 2021 as the baseline year. Additionally, they aim to reduce Scope 2 emissions by 30% from 2021 levels by 2030. These targets align with the Science Based Targets Initiative (SBTi) and are designed to meet the 1.5°C climate scenario. The company is also committed to reducing absolute Scope 1 emissions by 90% and Scope 2 emissions by 90% by 2050, further demonstrating its dedication to significant long-term reductions in greenhouse gas emissions.
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| 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 |
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Charoen Pokphand's Scope 3 Categories Breakdown
Charoen Pokphand's Scope 3 emissions, which increased by 2% last year and increased significantly since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 80% of Scope 3 emissions.
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Charoen Pokphand's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Charoen Pokphand has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Charoen Pokphand's sustainability data and climate commitments