Cofina
Cofina, officially known as Cofina Media, is a prominent player in the Portuguese media landscape, headquartered in Portugal (PT). Founded in 2000, the company has established itself as a leading multimedia group, primarily operating in the fields of publishing, television, and digital media. With a diverse portfolio that includes well-known publications and television channels, Cofina is recognised for its commitment to quality journalism and innovative content delivery. The company’s core offerings encompass a range of print and digital publications, alongside television broadcasting, catering to a wide audience across Portugal and beyond. Cofina's unique approach to content creation and distribution has positioned it as a trusted source of information, earning accolades for its journalistic integrity. As a key player in the media industry, Cofina continues to adapt to the evolving landscape, ensuring its relevance in a competitive market.
DitchCarbon Score
How does Cofina'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 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.
Industry Benchmark
Cofina's score of 30 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cofina's reported carbon emissions
In 2022, Cofina reported total carbon emissions of approximately 3,683,000 kg CO2e, with a breakdown of 1,069,000 kg CO2e from Scope 1 and 9,000 kg CO2e from Scope 2 (market-based). The Scope 2 emissions based on location amounted to 383,000 kg CO2e. Notably, Scope 3 emissions were significant, totalling about 2,605,000 kg CO2e, primarily driven by employee commuting (1,176,000 kg CO2e) and business travel (372,000 kg CO2e). Cofina's emissions data for 2021 indicated a total of approximately 1,875,000 kg CO2e, with Scope 1 emissions at 790,000 kg CO2e and Scope 2 emissions (location-based) at 228,000 kg CO2e. The Scope 3 emissions for that year were around 1,085,000 kg CO2e. Despite the substantial emissions figures, there are currently no specific reduction targets or climate pledges documented for Cofina. The company has not disclosed any initiatives under the Science Based Targets initiative (SBTi) or other reduction frameworks. Cofina's emissions data is not cascaded from a parent company, indicating that the figures are independently reported. The organisation is committed to transparency in its sustainability reporting, as evidenced by its disclosures in the sustainability report for 2022.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 823,000 | 000,000 | 000,000 |
| Scope 2 | 628,400 | 000,000 | 000,000 |
| Scope 3 | 1,848,000 | - | - |
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.
Cofina 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.
