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 33 is higher than 63% 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 2023, Cofco International Limited reported total carbon emissions of approximately 2139751000 kg CO2e for Scope 1, 82540000 kg CO2e for Scope 2, and a significant 177066483000 kg CO2e for Scope 3 emissions. This represents a notable commitment to transparency in their emissions reporting, covering all three scopes. Cofco International has set ambitious reduction targets, aiming for a 20% decrease in both Scope 1 and Scope 2 emissions from 2021 levels by 2025. Additionally, they have committed to a long-term goal of achieving net zero emissions by 2050. Their Science Based Targets initiative (SBTi) commitments include a 54.6% reduction in absolute Scope 1 and 2 GHG emissions by 2033 from a 2021 baseline, alongside a 32.5% reduction in Scope 3 emissions within the same timeframe. In 2022, the company achieved a 20% reduction in Scope 1 and 2 emissions compared to the previous year, demonstrating progress towards their near-term targets. Furthermore, they have pledged to eliminate deforestation linked to their primary commodities by 2025, reinforcing their commitment to sustainable practices. Cofco International's emissions data and reduction initiatives are cascaded from their parent organization, Cofco International Limited, ensuring alignment with broader corporate sustainability goals.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 609,131,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 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 | 00,000,000 |
| Scope 3 | 135,541,000 | 00,000,000 | 000,000,000 | 00,000,000 | - | - | 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 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.
