Coface
Coface, officially known as Compagnie Française d'Assurance pour le Commerce Extérieur, is a leading global provider of credit insurance and risk management solutions. Headquartered in France, Coface operates extensively across Europe, Asia, and the Americas, serving a diverse clientele in various industries. Founded in 1946, the company has achieved significant milestones, including its expansion into emerging markets and the development of innovative digital tools for risk assessment. Coface's core offerings include credit insurance, trade receivables management, and debt collection services, distinguished by their comprehensive risk analysis and tailored solutions. With a strong market position, Coface is recognised for its expertise in helping businesses mitigate risks and enhance their financial stability. The company’s commitment to customer service and its robust global network further solidify its reputation as a trusted partner in the credit insurance industry.
DitchCarbon Score
How does Coface'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 Financial Intermediation 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
Coface's score of 34 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Coface's reported carbon emissions
In 2023, Coface reported total carbon emissions of approximately 59,000,000,000 kg CO2e, with significant contributions from Scope 2 emissions (1,228,000 kg CO2e from purchased electricity) and Scope 3 emissions (50,000 kg CO2e from business travel). The company has shown a commitment to reducing its carbon footprint, with emissions per employee decreasing from 12,000 kg CO2e in 2019 to about 9,600 kg CO2e in 2023. Coface has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges. However, the company continues to monitor and report its emissions, indicating a focus on transparency and accountability in its climate commitments. The emissions data reflects a growing awareness of the need for sustainable practices within the financial services sector, particularly as global climate concerns intensify.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 1,469,000 | 0,000,000 |
| Scope 3 | 25,000 | 00,000 |
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.
Coface 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.
