Codan Ltd
Codan's GHG Emissions Data Preview
In 2024, Codan completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Codan has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Codan's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Codan amounted to 2,522 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Codan increased by 5.92%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Codan's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Codan's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Codan were 1,485 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Compared to the previous year (2023), Codan's Scope 1 emissions increased by 3.63%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Codan's Scope 2 emissions?
In 2024, Codan reported Scope 2 greenhouse gas (GHG) emissions of 1,037 tCOâ‚‚e without specifying the calculation method.
Has Codan reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Codan's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Codan 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Codan use for Scope 2 reporting?
In 2024, Codan reported its Scope 2 emissions using an unspecified methodology.
Codan's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Codan's Value Chain Emissions
In 2024, Codan reported 51,835 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2024 disclosure of Codan includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Codan's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Codan's Scope 3 emissions?
In 2024, Codan reported total Scope 3 emissions of 51,835 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 88.63% of these emissions originated from upstream activities such as purchased goods and capital goods, while 11.37% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2023), Codan's Scope 3 emissions remained relatively stable, indicating that Codan 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Codan disclose?
In 2024, Codan reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Codan's Scope 3 emissions?
In 2024, the largest contributors to Codan's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 19,697.3 tCOâ‚‚e (37.89%)
- Capital Goods (Cat. 2): 12,790 tCOâ‚‚e (24.61%)
- Business Travel (Cat. 6): 5,701 tCOâ‚‚e (10.97%)
Codan's Scope 3 Emissions by Categories
Insights into Codan's Total Carbon Footprint
In 2024, Codan reported a total carbon footprint of 54,357 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.6% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Codan's total carbon footprint was Scope 3 emissions, accounting for 95.36% of the company's total carbon footprint, followed by Scope 1 emissions at 2.73%.