COFACE, officially known as Compagnie Française d'Assurance pour le Commerce Extérieur, is a leading global credit insurance provider headquartered in Hungary (HU). Established in 1946, COFACE has grown to become a key player in the credit insurance industry, with a strong presence across Europe, Asia, and the Americas. Specialising in credit insurance, debt collection, and risk management solutions, COFACE offers unique services that help businesses mitigate financial risks associated with trade. Their innovative approach to assessing creditworthiness and market trends sets them apart in the competitive landscape. With a commitment to supporting international trade, COFACE has achieved notable milestones, including a robust market position and recognition for its comprehensive service offerings. The company continues to empower businesses by providing tailored solutions that enhance their financial security and growth potential.
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.
Mean score of companies in the Business 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.
COFACE's score of 3 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
COFACE, headquartered in Hungary (HU), currently does not have available carbon emissions data for recent years. As a result, specific figures regarding their emissions in kg CO2e, including Scope 1, 2, or 3 emissions, are not provided. In the absence of concrete emissions data, it is important to note that COFACE has not outlined any specific reduction targets or initiatives related to carbon emissions. This lack of publicly available information on their climate commitments suggests that COFACE may still be in the early stages of developing a comprehensive sustainability strategy. As the global focus on climate action intensifies, it will be crucial for COFACE to establish clear climate commitments and reduction targets to align with industry standards and contribute to broader environmental goals.
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.