Coface SA

Common Name
Coface
Country
France
Sector
Financial Services
Industry
Insurance - Reinsurance
Employees
3,704
Ticker
COFA
Exchange
EURONEXT
Description
Coface SA is a world-renowned credit insurance company that provides comprehensive risk management solutions to businesses worldwide. Its primary function is to protect companies against the risk of f...

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)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
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0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified 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.

a. Coface's Universal Registration Document (URD) 2024
a. Coface's Universal Registration Document (URD) 2024

Insights into Coface's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Coface amounted to 4,806 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). a

Compared to 2019, the total operational greenhouse gas (GHG) emissions of Coface decreased 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

2019202401.5 k3 k4.5 k6 ktCO2e-42%
  • 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 CO₂ equivalent (tCO₂e). 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 tCO₂e using the market-based method and 1,931 tCO₂e 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

2019202406501.3 k1.95 k2.6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Coface's Value Chain Emissions

In 2024, Coface reported 258,011 metric tons of CO₂ equivalent (tCO₂e) 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 7 of 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

20192024085 k170 k255 k340 ktCO2e-20%
  • Total Scope 3
  • Year-over-Year Change

What are Coface's Scope 3 emissions?

In 2024, Coface reported total Scope 3 emissions of 258,011 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 9.46% of these emissions originated from upstream activities such as purchased goods and capital goods, while 90.54% 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 19.74%, 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 tCO₂e (60.83%)
  • Investments (Cat. 15): 76,658 tCO₂e (29.71%)
  • Purchased Goods and Services (Cat. 1): 15,254 tCO₂e (5.91%)

Coface's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(5.9%)Use of Sold Products(Cat. 11)(60.8%)Investments(Cat. 15)(29.7%)

Insights into Coface’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Coface reported Scope 1 greenhouse gas (GHG) emissions of 2,875 tCO₂e and total revenues of USD 1,716 millions. This translates into an emissions intensity of 1.68 tCO₂e per millions USD. a

Coface's Scope 1 Emissions Intensity Compared to Peers

202002,00020,000200,000Scope 1 Emissions (tCO2e)1005005,00050,000200,000Revenues (Millions of USD)Caisse Regionale De Credit Agricole Mutuel Toulouse 31Year: 2024Scope 1: 30 tCO2eRevenue: $M 276Scope 1 Intensity: 0.11 tCO2e/$MCredit AgricoleYear: 2024Scope 1: 22,685 tCO2eRevenue: $M 26,356Scope 1 Intensity: 0.86 tCO2e/$MChina Reinsurance (Group)Year: 2024Scope 1: 10,046 tCO2eRevenue: $M 12,759Scope 1 Intensity: 0.79 tCO2e/$MWendelYear: 2024Scope 1: 85,343 tCO2eRevenue: $M 8,391Scope 1 Intensity: 10.17 tCO2e/$MScorYear: 2024Scope 1: 416 tCO2eRevenue: $M 1,634Scope 1 Intensity: 0.25 tCO2e/$MTikehau CapitalYear: 2024Scope 1: 183 tCO2eRevenue: $M 582Scope 1 Intensity: 0.31 tCO2e/$MMunich ReYear: 2024Scope 1: 64,353 tCO2eRevenue: $M 44,023Scope 1 Intensity: 1.46 tCO2e/$MRenaissancere HoldingsYear: 2024Scope 1: 92 tCO2eRevenue: $M 11,646Scope 1 Intensity: 0.01 tCO2e/$MSwiss ReYear: 2024Scope 1: 1,728 tCO2eRevenue: $M 7,033Scope 1 Intensity: 0.25 tCO2e/$MEdenredYear: 2024Scope 1: 6,649 tCO2eRevenue: $M 2,972Scope 1 Intensity: 2.24 tCO2e/$MBNP ParibasYear: 2024Scope 1: 23,587 tCO2eRevenue: $M 68,547Scope 1 Intensity: 0.34 tCO2e/$MSociete GeneraleYear: 2024Scope 1: 42,867 tCO2eRevenue: $M 54,642Scope 1 Intensity: 0.78 tCO2e/$MBTNYear: 2023Scope 1: 7,282 tCO2eRevenue: $M 1,056Scope 1 Intensity: 6.90 tCO2e/$MAXAYear: 2024Scope 1: 21,054 tCO2eRevenue: $M 93,490Scope 1 Intensity: 0.23 tCO2e/$MBanrisulYear: 2023Scope 1: 734 tCO2eRevenue: $M 1,670Scope 1 Intensity: 0.44 tCO2e/$MHannover RueckYear: 2021Scope 1: 158 tCO2eRevenue: $M 29,842Scope 1 Intensity: 0.01 tCO2e/$MReinsurance Group of AmericaYear: 2024Scope 1: 422 tCO2eRevenue: $M 21,979Scope 1 Intensity: 0.02 tCO2e/$MEurazeoYear: 2024Scope 1: 45 tCO2eRevenue: $M 399Scope 1 Intensity: 0.11 tCO2e/$MDah Sing Financial HoldingsYear: 2023Scope 1: 96 tCO2eRevenue: $M 795Scope 1 Intensity: 0.12 tCO2e/$MCofaceYear: 2024Scope 1: 2,875 tCO2eRevenue: $M 1,716Scope 1 Intensity: 1.68 tCO2e/$M

How does Coface's GHG emissions intensity compare to its peers?

In 2024, Coface reported a Scope 1 emissions intensity of 1.68 tCO₂e per millions USD. Compared to the peer group median of 0.31 , 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 tCO₂e 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 262,817 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.09% 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

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