Cofactor, officially known as Cofactor Group, is a leading player in the biotechnology industry, headquartered in the United States. Founded in 2015, the company has rapidly established itself as a pioneer in the field of genomic data analysis and bioinformatics, serving clients across North America and Europe. Cofactor's core offerings include advanced genomic sequencing and data interpretation services, which are distinguished by their innovative algorithms and commitment to accuracy. The company has achieved significant milestones, including partnerships with major research institutions and contributions to groundbreaking studies in personalised medicine. With a strong market position, Cofactor is recognised for its unique approach to integrating artificial intelligence with genomic research, making it a trusted partner for organisations seeking to leverage genomic insights for improved health outcomes.
How does Cofactor'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.
Cofactor's score of 16 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Cofactor Group Inc. reported total carbon emissions of approximately 19,200,000 kg CO2e, comprising 968,000 kg CO2e from Scope 1, 2,880,000 kg CO2e from Scope 2, and 15,637,000 kg CO2e from Scope 3 emissions. This marked a significant increase in Scope 3 emissions compared to previous years, highlighting the challenges in managing indirect emissions associated with their value chain. Cofactor has set ambitious climate commitments, aiming for net-zero emissions for Scope 1 and Scope 2 by 2030, based on a 2019 baseline. This commitment is part of their strategy to maintain zero emissions in these scopes while actively measuring and reducing Scope 3 emissions. Their targets have been validated through the Science Based Targets initiative (SBTi), aligning with the necessary reductions to limit global warming to 1.5°C. Overall, Cofactor's proactive approach to carbon management reflects a commitment to sustainability and responsible business practices within the professional services sector in the United States.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 1,057,000 | 000,000 | 0,000,000 | 000,000 |
Scope 2 | 972,000 | 000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 2,387,000 | 000,000 | 00,000,000 | 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.
Cofactor is committed to some 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.