As of 2025, Coface has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 5 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Coface's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7) | Metric Tonnes of CO2 equivalent (mtCO2e) | -11%a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -55%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Investment | -30%a | 2025 |
Intensity-based Target* | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Other Metric (Unlisted) | -7%a | 2025 |
Intensity-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7) | Metric Tonnes of CO2 equivalent (mtCO2e) per Employee | -55%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Investment | -40%a | 2030 |
Intensity-based Target* | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Other Metric (Unlisted) | -15%a | 2030 |
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As of 2025, Coface has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
As of 2025, Coface has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Coface's most ambitious operational target is to reduce these emissions by 55% by 2030, compared to a baseline of 6,543 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
As of 2025, Coface is ahead of schedule on its operational emissions reduction target, having achieved 83.75% of the planned reduction.a
As of 2025, Coface has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Coface's most ambitious value chain target is to reduce these emissions by 55% by 2030, compared to a baseline of 7.96 Metric Tonnes of CO2 equivalent (mtCO2e) per Employee in 2019.a
As of 2025, Coface is ahead of schedule on its value chain emissions reduction target, having achieved 97.98% of the planned reduction.a
As of 2025, Coface has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a
Coface's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 40,539 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 11% by 2025.a
Coface has already surpassed its total carbon footprint reduction target, with 2025 levels falling below the 2025 value, achieving its climate goal ahead of schedule.a