Codan
Codan Limited, headquartered in Australia, is a leading provider of advanced communication and security solutions. Founded in 1959, the company has established a strong presence in key operational regions, including North America, Europe, and Asia-Pacific. Codan operates primarily within the telecommunications and defence industries, focusing on high-performance radio communications, metal detection, and security systems. Renowned for its innovative products, Codan's offerings include the world-class HF radio systems and cutting-edge metal detectors, which are distinguished by their reliability and user-friendly design. The company has achieved significant milestones, including numerous awards for excellence in engineering and technology. With a solid market position, Codan continues to be a trusted partner for customers seeking robust and effective communication solutions in challenging environments.
DitchCarbon Score
How does Codan'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.
Industry Average
Mean score of companies in the Machinery and Equipment 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.
Industry Benchmark
Codan's score of 27 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Codan's reported carbon emissions
In 2024, Codan reported total carbon emissions of approximately 54,357,000 kg CO2e, with Scope 1 emissions at about 1,485,000 kg CO2e, Scope 2 emissions at around 1,037,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 51,835,000 kg CO2e. This represents a slight increase from 2023, where total emissions were about 52,982,000 kg CO2e, with Scope 1 at approximately 1,433,000 kg CO2e, Scope 2 at around 928,000 kg CO2e, and Scope 3 at about 50,601,000 kg CO2e. Codan has initiated several climate commitments aimed at reducing emissions across its operations. In FY24, the company engaged external consultants to establish a baseline for its global operations' emissions and identify major sources of emissions. They have developed a list of actions and timelines for emissions reduction opportunities, focusing on both Scope 1 and Scope 2 emissions. Codan is also aligning its governance with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) to enhance its management of climate-related risks and opportunities. While specific reduction targets have not been disclosed, Codan's ongoing efforts reflect a commitment to understanding and mitigating its carbon footprint as part of its broader sustainability strategy. The company is not currently inheriting emissions data from any parent organisation, indicating that its reported figures are based solely on its own operations.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | - | - | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | 000,000 | 0,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Codan is not participating in any 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.
