Coquecol
Coquecol, officially known as Grupo Coquecol, is a prominent player in the food and beverage industry, headquartered in Colombia. Established in 1992, the company has made significant strides in the production of high-quality cocoa and chocolate products, serving both local and international markets. With a strong presence in Latin America and beyond, Coquecol has become synonymous with premium cocoa derivatives, including cocoa powder, butter, and chocolate bars. What sets Coquecol apart is its commitment to sustainability and innovation, ensuring that its products not only meet the highest quality standards but also support environmentally friendly practices. The company has achieved notable recognition for its contributions to the cocoa sector, positioning itself as a leader in the industry. Through continuous improvement and a focus on customer satisfaction, Coquecol remains dedicated to delivering exceptional products that cater to diverse consumer needs.
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 33 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Coquecol's reported carbon emissions
In 2023, Coquecol reported total carbon emissions of approximately 534,818,710 tonnes CO2e. This figure includes about 160,858,690 tonnes CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources. Scope 2 emissions, related to purchased electricity, amounted to approximately 1,064,070 tonnes CO2e, while Scope 3 emissions, which cover indirect emissions from the value chain, reached about 372,895,950 tonnes CO2e. In 2022, the company's total emissions were approximately 562,067,100 tonnes CO2e, with Scope 1 emissions at about 276,380,350 tonnes CO2e, Scope 2 at approximately 1,238,820 tonnes CO2e, and Scope 3 at around 284,447,900 tonnes CO2e. The previous year, 2021, saw total emissions of approximately 725,256,500 tonnes CO2e, with Scope 1 emissions contributing about 449,931,350 tonnes CO2e. Despite these figures, Coquecol has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates in an industry context where carbon emissions are significant, and ongoing efforts to address climate change are critical.
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Add to project2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 27,006,500 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 26,941,200 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 65,300 | 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 committed to any reduction initiatives 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.
