Coquecol
Coquecol, officially known as Grupo Coquecol, is a prominent player in the food and beverage industry, headquartered in Colorado. Founded in 1992, the company has established a strong presence across various operational regions, focusing on the production and distribution of high-quality cocoa and chocolate products. With a commitment to sustainability and innovation, Coquecol offers a diverse range of products, including cocoa powder, chocolate bars, and specialty confections, all distinguished by their rich flavours and premium quality. The company has achieved notable milestones, positioning itself as a leader in the market, recognised for its ethical sourcing practices and dedication to community development. Coquecol continues to thrive, driven by its passion for excellence and a deep-rooted connection to the cocoa industry.
DitchCarbon Score
How does Coquecol'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 Business Services 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
Coquecol's score of 29 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Coquecol's reported carbon emissions
In 2023, Coquecol reported total carbon emissions of approximately 534,818,710 kg CO2e. This figure includes 160,858,690 kg CO2e from Scope 1 emissions, 1,064,070 kg CO2e from Scope 2 emissions, and a significant 372,895,950 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the company’s total emissions were about 562,067,160 kg CO2e, with Scope 1 emissions at 276,380,350 kg CO2e, Scope 2 at 1,238,820 kg CO2e, and Scope 3 at 284,447,900 kg CO2e. This indicates a reduction in total emissions of approximately 27,248,450 kg CO2e from 2022 to 2023. Looking back further, in 2021, Coquecol's total emissions were around 725,256,510 kg CO2e, with Scope 1 emissions contributing 449,931,080 kg CO2e, Scope 2 at 1,520,960 kg CO2e, and Scope 3 at 273,804,470 kg CO2e. This shows a notable decrease in emissions over the two-year period. Despite these reductions, Coquecol has not set specific reduction targets or climate pledges, nor does it appear to have cascaded data from any parent organisation. The company continues to monitor its emissions across all scopes, demonstrating a commitment to transparency in its environmental impact.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 648,730 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | 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.
Coquecol 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.
