Cofco
Cofco, officially known as China National Cereals, Oils and Foodstuffs Corporation, is a leading player in the global agribusiness sector, headquartered in Switzerland (CH). Founded in 1949, Cofco has evolved into a major force in the agricultural supply chain, with significant operations across Asia, Europe, and the Americas. The company focuses on various business areas, including grain trading, oilseed processing, and food production, offering a diverse range of core products such as grains, oils, and processed foods. Cofco's commitment to quality and sustainability sets it apart in a competitive market. With a strong market position, Cofco has achieved notable milestones, including strategic acquisitions and partnerships that enhance its global reach and operational efficiency. As a trusted name in the agribusiness industry, Cofco continues to drive innovation and growth in food supply and distribution.
DitchCarbon Score
How does Cofco'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 Food Product Manufacturing 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
Cofco's score of 25 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Cofco's reported carbon emissions
In 2024, Cofco reported total carbon emissions of approximately 2,032,347,000 kg CO2e for Scope 1, which includes emissions from mobile combustion (about 1,419,918,000 kg CO2e), fugitive emissions (about 18,749,000 kg CO2e), and stationary combustion (about 264,406,000 kg CO2e). The company also recorded Scope 2 emissions of approximately 91,425,000 kg CO2e, primarily from purchased electricity (about 71,561,000 kg CO2e) and purchased heat (about 19,865,000 kg CO2e). In 2023, Cofco's emissions were slightly lower, with Scope 1 emissions at approximately 2,139,751,000 kg CO2e and Scope 2 emissions at about 82,540,000 kg CO2e. The company has not disclosed any Scope 3 emissions data for 2024, but in 2022, Scope 3 emissions were reported at a significant 157,161,788,000 kg CO2e. Cofco has set near-term climate commitments targeting reductions in both Scope 1 and Scope 2 emissions by 2025. These initiatives aim to implement actions that will contribute to their net-zero goals, although specific percentage reduction targets have not been disclosed. The company is actively working towards these commitments, reflecting a growing awareness of the need for sustainable practices within the industry. Cofco's emissions data is not cascaded from any parent organization, indicating that the figures are independently reported. The company continues to focus on enhancing its sustainability efforts in alignment with global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 2,946,369,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 95,030,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 177,066,483,000 | 000,000,000,000 | - | - |
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.
Cofco is not participating in any 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.
