Public Profile

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.

30

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.

13

Industry Benchmark

Codan's score of 30 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Codan's reported carbon emissions

In 2023, Codan reported total carbon emissions of approximately 119,720 kg CO2e, with Scope 1 emissions accounting for about 19,412 kg CO2e, Scope 2 emissions at approximately 13,211 kg CO2e, and a significant Scope 3 total of about 66,135,000 kg CO2e. This indicates a substantial reliance on upstream activities, particularly in the categories of capital goods and the use of sold products. In 2022, Codan's emissions were approximately 385,628 kg CO2e, with Scope 1 emissions at about 4,790 kg CO2e and Scope 2 emissions at approximately 13,724 kg CO2e. The Scope 3 emissions for that year included business travel and employee commuting, contributing to the overall footprint. The 2021 data shows total emissions of about 623,000 kg CO2e, with all emissions reported under Scope 1 and 2, indicating a need for further clarity on Scope 3 emissions in that year. Despite these figures, Codan has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within a context where many organisations are increasingly setting ambitious climate goals, yet Codan's current strategy appears to lack formal commitments to emissions reduction. Overall, Codan's emissions data highlights the importance of addressing Scope 3 emissions, which represent a significant portion of their carbon footprint, while also indicating a need for clearer climate commitments moving forward.

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2021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Codan's primary industry is Machinery and equipment n.e.c. (29), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Codan is headquartered in AU, which has a rank of very high, indicating very high grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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