COFCO Corporation, also known as China National Cereals, Oils and Foodstuffs Corporation, is a leading player in the global agribusiness sector, headquartered in Beijing, China. Established in 1949, COFCO has evolved into a comprehensive enterprise with significant operations across Asia, Europe, and the Americas, focusing on the production, processing, and trading of agricultural products. The company’s core business areas include grain and oilseed processing, food production, and logistics services, with a commitment to quality and sustainability that sets it apart in the industry. COFCO is renowned for its diverse range of products, including edible oils, grains, and packaged foods, which cater to both domestic and international markets. With a strong market position, COFCO has achieved notable milestones, including strategic acquisitions and partnerships that enhance its global footprint. The corporation continues to innovate and expand, reinforcing its status as a key player in the agribusiness landscape.
How does COFCO Corporation'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 Pre-Prepared Foods 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.
COFCO Corporation's score of 11 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
COFCO Corporation, headquartered in China (CN), currently does not have specific carbon emissions data available for the most recent year. However, the company has made significant climate commitments aimed at reducing greenhouse gas (GHG) emissions, particularly in its agricultural supply chains. COFCO has set a target to develop a roadmap by COP27 to enhance GHG emissions management within its sector, aligning with a 1.5 degrees Celsius pathway towards 2030. This initiative focuses on Scope 3 emissions, which encompass the total GHG emissions from the entire value chain, including those from suppliers and product use. The commitment reflects COFCO's dedication to improving sustainability and reducing its overall carbon footprint. While specific reduction percentages have not been disclosed, the company is actively working towards its climate goals, demonstrating a proactive approach to addressing climate change and contributing to global efforts in emission reductions.
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 Corporation 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.