Charoen Pokphand
Charoen Pokphand Group, commonly known as CP Group, is a leading multinational conglomerate headquartered in Thailand. Founded in 1921, the company has established a strong presence in the agribusiness and food industry, with significant operations across Asia, Europe, and the Americas. CP Group is renowned for its diverse portfolio, which includes animal feed production, aquaculture, and processed food products, all characterised by high quality and innovation. With a commitment to sustainable practices, CP Group has achieved notable milestones, such as being one of the largest producers of shrimp and poultry in the region. The company’s market position is further solidified by its dedication to research and development, ensuring that its offerings meet the evolving needs of consumers. As a pioneer in the industry, Charoen Pokphand continues to set benchmarks for excellence and sustainability in food production.
DitchCarbon Score
How does Charoen Pokphand'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 Production of Other Meats 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
Charoen Pokphand's score of 54 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Charoen Pokphand's reported carbon emissions
In 2023, Charoen Pokphand Group Co., Ltd. reported total greenhouse gas emissions of approximately 79,360,000,000 kg CO2e globally, with emissions broken down into Scope 1, Scope 2, and Scope 3 categories. Specifically, Scope 1 emissions were about 1,240,000,000 kg CO2e, while Scope 2 emissions totalled approximately 4,950,000,000 kg CO2e. The company also disclosed significant Scope 3 emissions, amounting to around 72,640,000,000 kg CO2e. Charoen Pokphand has set ambitious climate commitments, aiming to achieve net-zero emissions by 2050, which includes all scopes of emissions. In the near term, the company has committed to reducing its absolute Scope 1 and 2 emissions by 42% and Scope 3 emissions by 25% by 2030, using 2021 as the baseline year. These targets are aligned with the Science Based Targets Initiative (SBTi) and are designed to keep global warming below 1.5°C. The company’s reduction initiatives also include a commitment to reduce Scope 2 emissions by 30% from 2021 levels by 2030. Furthermore, Charoen Pokphand has established a target to lower greenhouse gas intensity per unit of revenue by 10% by 2020, compared to a 2015 baseline. Overall, Charoen Pokphand's comprehensive approach to managing its carbon footprint reflects a strong commitment to sustainability and climate action within the food and beverage processing sector.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 241,694,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,575,563,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 000,000,000 | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Charoen Pokphand 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.
