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Cofco International Limited
Cofco International Limited, often referred to as Cofco, is a leading global agricultural and food company headquartered in Switzerland (CH). Established in 2015, it has rapidly expanded its operations across key regions, including Europe, Asia, and South America, positioning itself as a significant player in the agribusiness sector. Specialising in the sourcing, processing, and trading of agricultural commodities, Cofco International offers a diverse range of products, including grains, oilseeds, and sugar. Its commitment to sustainability and innovation sets it apart in a competitive market. The company has achieved notable milestones, including strategic partnerships and investments that enhance its supply chain capabilities. With a strong market presence, Cofco International is recognised for its dedication to quality and efficiency, making it a trusted partner in the global food supply chain.
DitchCarbon Score
How does Cofco International Limited'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 International Limited's score of 36 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cofco International Limited's reported carbon emissions
In 2024, Cofco International Limited reported total carbon emissions of approximately 1,019,000 kg CO2e, a slight increase from about 969,000 kg CO2e in 2023. The emissions data for 2022 indicates a significantly higher total of approximately 2,407,986,000 kg CO2e, which included about 2,339,717,000 kg CO2e from Scope 1 emissions and approximately 68,269,000 kg CO2e from Scope 2 emissions. Cofco International has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 54.6% by 2033 from a 2021 baseline. Additionally, the company targets a 32.5% reduction in absolute Scope 3 emissions, which encompass emissions from purchased goods and services, as well as upstream and downstream transportation and distribution, within the same timeframe. Notably, they have committed to no deforestation across primary deforestation-linked commodities by 2025. In the near term, Cofco International is focused on reducing its Scope 1 and 2 emissions by 20% from 2021 levels by 2025. They have also reported an 8% year-on-year reduction in emissions from 2022 to 2023, primarily due to decreased emissions from chartered vessels and lower natural gas consumption. Cofco International's climate strategy is aligned with the Science Based Targets initiative (SBTi) and reflects a commitment to achieving net zero emissions by 2050. The emissions data and reduction targets are cascaded from its parent company, Cofco International Limited, ensuring a unified approach to sustainability across its operations.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 609,131,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | - | - |
| Scope 2 | 104,903,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - |
| Scope 3 | 135,541,000 | 00,000,000 | 000,000,000 | 00,000,000 | - | - | - | - |
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 International Limited 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.
