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 58 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 (CP Group) reported total greenhouse gas emissions of approximately 75,760,000,000 kg CO2e globally, with significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions were about 582,000,000 kg CO2e, while Scope 2 emissions accounted for approximately 4,580,000,000 kg CO2e. The majority of emissions, approximately 73,520,000,000 kg CO2e, fell under Scope 3, which includes indirect emissions from the value chain. Looking ahead, CP Group has set ambitious climate commitments. The company aims to achieve net-zero emissions by 2050, encompassing all scopes of emissions. In the near term, CP Group is 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 align with the Science Based Targets Initiative (SBTi) and are designed to support the global goal of limiting temperature rise to 1.5°C. Additionally, CP Group has established a specific target to reduce Scope 1 emissions by 30% and Scope 2 emissions by 30% by 2030, further reinforcing its commitment to sustainability and climate action. The company is also focused on eliminating deforestation linked to its operations by 2025, demonstrating a comprehensive approach to environmental stewardship.
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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 | 0,000 | 00,000 | 00,000 |
| 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.
