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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.
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.
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.
Cofco International Limited's score of 36 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Cofco International Limited reported total carbon emissions of approximately 1,019,000 kg CO2e, reflecting a slight increase from 2023, where emissions were about 969,000 kg CO2e. The company has disclosed emissions data for Scope 1 and 2, with a total of 2,407,986,000 kg CO2e reported for 2022, which included 2,339,717,000 kg CO2e from Scope 1 and 68,269,000 kg CO2e from Scope 2. Cofco International has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 20% from 2021 levels by 2025. Additionally, the company has committed to achieving net zero emissions by 2050. Their long-term targets include a significant reduction of 54.6% in absolute Scope 1 and 2 GHG emissions by 2033, based on a 2021 baseline, and a 32.5% reduction in Scope 3 emissions over the same timeframe. The company has also reported an 8% year-on-year reduction in emissions from 2022 to 2023, amounting to a decrease of approximately 185,695 kg CO2e, primarily due to reduced emissions from chartered vessels and lower natural gas consumption. Cofco International's climate initiatives are aligned with the Science Based Targets initiative (SBTi), and they are committed to no deforestation across their primary deforestation-linked commodities by 2025. The emissions data and targets are cascaded from their parent organization, Cofco International Limited, ensuring a unified approach to sustainability across their operations.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - | - | - |
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.