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Coface SA
Coface's GHG Emissions Data Preview
In 2024, Coface 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).
Coface has also provided a category-level breakdown for 7 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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aVerified Sources Behind Coface’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Coface’s data sources below and access millions more through our Disclosure Search.
Insights into Coface's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofCoface amounted to4,806metric 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).a
Compared to 2019, the total operational greenhouse gas (GHG) emissions of Cofacedecreased by 35.46%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Coface's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Coface's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Coface were 2,875 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2019), Coface's Scope 1 emissions decreased by 41.81%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Coface's Scope 2 emissions?
In 2024, Coface reported Scope 2 greenhouse gas (GHG) emissions of 1,308 tCOâ‚‚e using the market-based method and 1,931 tCOâ‚‚e using the location-based method.a
Has Coface reduced its Scope 2 emissions over time?
Compared to the previous year(2019), Coface's Scope 2 emissions(Location-Based) fell by 22.91% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Coface use for Scope 2 reporting?
In 2024, Coface reported its Scope 2 emissions using the market-based method and using the location-based method.a
Coface's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Coface's Value Chain Emissions
In 2024, Coface reported 257,947 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Coface includes a breakdown across 7of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2019, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Coface's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Coface's Scope 3 emissions?
In 2024, Coface reported total Scope 3 emissions of 257,947 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 9.44%of these emissions originated from upstream activities such as purchased goods and capital goods, while 90.56%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2019), Coface's Scope 3 emissions decreased by 19.76%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Coface disclose?
In 2024, Coface reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Coface's Scope 3 emissions?
In 2024, the largest contributors to Coface's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 156,945 tCOâ‚‚e(60.84%)
- Investments (Cat. 15): 76,658 tCOâ‚‚e(29.72%)
- Purchased Goods and Services (Cat. 1): 15,254 tCOâ‚‚e(5.91%)
Coface's Scope 3 Emissions by Categories
Insights into Coface’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Coface reported Scope 1 greenhouse gas (GHG) emissions of 2,875 tCOâ‚‚e and total revenues of USD 1,716 millions. This translates into an emissions intensity of 1.68 tCOâ‚‚e per millions USD.a
Coface's Scope 1 Emissions Intensity Compared to Peers
How does Coface's GHG emissions intensity compare to its peers?
In 2024, Coface reported a Scope 1 emissions intensity of 1.68 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.34, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Coface rank on GHG emissions intensity within its industry?
In 2024, Coface ranked 17 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Coface among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Coface's Total Carbon Footprint
In 2024, Coface reported a total carbon footprint of 262,753 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.11% decrease compared to 2019, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Coface's total carbon footprint was Scope 3 emissions, accounting for 98.17% of the company's total carbon footprint, followed by Scope 1 emissions at 1.09%.a