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 43 is higher than 98% 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 54,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 51,835,000 kg CO2e. Within this, the largest categories included purchased goods and services (approximately 19,000,000 kg CO2e) and use of sold products (about 3,000,000 kg CO2e). Scope 1 emissions were reported at approximately 1,485,000 kg CO2e, while Scope 2 emissions totalled around 1,037,000 kg CO2e. In 2023, Codan's total emissions were approximately 66,135,000 kg CO2e, with Scope 3 emissions again being the most significant at about 66,135,000 kg CO2e. Scope 1 emissions were approximately 19,412 kg CO2e, and Scope 2 emissions were around 13,211 kg CO2e. Codan has set ambitious near-term climate commitments, aiming for net-zero emissions in both Scope 1 and Scope 2 by 2025. In FY24, the company engaged external consultants to establish a baseline for its global operations, identify major emission sources, and develop a comprehensive action plan for emissions reduction. This initiative aligns with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), enhancing Codan's governance of climate-related issues. Overall, Codan is actively working towards reducing its carbon footprint and improving its sustainability practices, reflecting a commitment to addressing climate change and its associated risks.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 623,000 | 0,000 | 00,000 | 0,000,000 |
| Scope 2 | 623,000 | 00,000 | 00,000 | 0,000,000 |
| Scope 3 | 623,000 | 0,000 | 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.
