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Business Services
PT
updated a month ago

Cofina

Company website

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.

30

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.

26

Industry Benchmark

Cofina's score of 30 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

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Cofina's reported carbon emissions

In 2022, Cofina reported total carbon emissions of approximately 1,043,000 kg CO2e, comprising 290,600 kg CO2e from Scope 1 and 752,400 kg CO2e from Scope 2 emissions. This reflects a slight decrease in Scope 1 emissions from 298,000 kg CO2e in 2021, while Scope 2 emissions decreased from 796,900 kg CO2e in the same year. The company has not disclosed any Scope 3 emissions data. Cofina has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests that while the company is aware of its emissions, it may not yet have formalised a comprehensive strategy for significant reductions. Cofina's emissions data is sourced directly from its own reporting, with no cascaded data from a parent or related organisation. The company continues to monitor its carbon footprint as part of its commitment to environmental responsibility.

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202020212022
Scope 1
288,000
000,000
000,000
Scope 2
628,400
000,000
000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cofina's primary industry is Other business services (74), which is very low 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. This request for Cofina is in PT, which has a low grid carbon intensity relative to other regions.

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.

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

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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