Charoen Pokphand Foods

Charoen Pokphand Foods, a Food Products NEC company headquartered in Thailand, reported Scope 1 emissions of approximately 290 million kg CO2e and Scope 2 (market-based) emissions of approximately 1.19 billion kg CO2e in 2024. In 2023, the company disclosed Scope 1 emissions of approximately 262 million kg CO2e, Scope 2 (market-based) emissions of about 1.23 billion kg CO2e, and Scope 3 emissions of roughly 11.38 billion kg CO2e.

Charoen Pokphand Foods has set a net-zero target across its entire value chain by 2050, validated by the Science Based Targets initiative (SBTi). The company has committed to several near-term and long-term reduction targets. These include reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2020 base year. Additionally, it aims to reduce absolute Scope 3 GHG emissions by 42% by 2030 from a 2020 base year, covering categories such as purchased goods and services, capital goods, and transportation. For its long-term targets, Charoen Pokphand Foods commits to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2020 base year, and absolute Scope 3 GHG emissions by 90% by 2050 from a 2020 base year.

Specific to its Thailand operations, the company targets a 25% reduction in direct and indirect GHG emissions per production unit by 2025, compared to a 2015 base year. This includes both Scope 1 and Scope 2 emissions. Charoen Pokphand Foods also aims to reduce its Scope 1 emissions to near zero by 2025 and its Scope 2 emissions by 30% from a 2020 baseline by 2030. Furthermore, the company commits to reducing absolute Scope 1 and 3 FLAG GHG emissions by 30.3% by 2030 and 72% by 2050, both from a 2020 base year. The company also aims for no deforestation across its primary deforestation-linked commodities by December 31, 2025.