Coaction Global, Inc., a leading name in the specialty insurance industry, is headquartered in the United States and operates across various regions, including North America and Europe. Founded in 2018, the company has quickly established itself as a key player, focusing on innovative insurance solutions tailored to meet the unique needs of its clients. Coaction Global offers a range of core services, including risk management and underwriting, distinguished by their commitment to customer-centric approaches and advanced technology integration. Their unique offerings have garnered recognition, positioning them as a trusted partner in the market. With a strong emphasis on collaboration and expertise, Coaction Global continues to achieve notable milestones, solidifying its reputation as a forward-thinking leader in the specialty insurance sector.
How does Coaction Global, Inc.'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.
Mean score of companies in the Insurance Services 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.
Coaction Global, Inc.'s score of 30 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Coaction Global, Inc. reported total carbon emissions of approximately 81,799,000 kg CO2e, with emissions distributed across various scopes. The breakdown includes 176,000 kg CO2e from Scope 1, 2,489,000 kg CO2e from Scope 2, and a significant 81,799,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by purchased goods and services, which accounted for about 42,121,000 kg CO2e, alongside other categories such as capital goods and business travel. In 2021, the company recorded total emissions of about 59,929,000 kg CO2e, with Scope 1 emissions at 64,000 kg CO2e and Scope 2 emissions at 1,816,000 kg CO2e. This indicates a notable increase in emissions from 2021 to 2022, particularly in Scope 3. Coaction Global has not disclosed specific reduction targets or initiatives, nor have they committed to any science-based targets (SBTi) for emissions reduction. The absence of documented reduction strategies suggests a need for enhanced climate commitments in line with industry standards. The company’s emissions intensity for Scope 1 and 2 has shown an increase from 70.0 in 2021 to 90.0 in 2022, indicating a potential area for improvement in their sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | |
---|---|---|
Scope 1 | 64,000 | 000,000 |
Scope 2 | 2,037,000 | 0,000,000 |
Scope 3 | 59,929,000 | 00,000,000 |
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.
Coaction Global, Inc. 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.