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.
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.
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.
Cofco International Limited's score of 45 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 reflects a commitment to transparency in their emissions reporting, covering all relevant 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 over the same period. Notably, the company has reported an 8% year-on-year reduction in emissions from 2022 to 2023, primarily driven by decreased emissions from chartered vessels and reduced natural gas consumption. Furthermore, they are committed to no deforestation across their primary deforestation-linked commodities by 2025. Cofco International's emissions data is cascaded from its parent organization, Cofco International Limited, ensuring alignment with corporate sustainability goals. The company operates from its headquarters in Switzerland (CH), reinforcing its commitment to sustainable practices within the agricultural production sector.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.