Cofra Holding
Cofra Holding AG, commonly referred to as Cofra, is a prominent player in the global footwear and apparel industry, headquartered in Switzerland (CH). Founded in 1930, the company has established itself as a leader in the production of high-quality safety footwear and workwear, catering to various sectors including construction, manufacturing, and logistics. With a strong operational presence across Europe, Asia, and the Americas, Cofra is renowned for its innovative approach to safety and comfort. The company’s core offerings include a diverse range of protective footwear and clothing, distinguished by their advanced technology and ergonomic design. Cofra's commitment to sustainability and quality has solidified its market position, making it a trusted choice for professionals worldwide.
DitchCarbon Score
How does Cofra Holding'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 Apparel Production 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
Cofra Holding's score of 30 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cofra Holding's reported carbon emissions
In 2022, Cofra Holding AG reported significant carbon emissions totalling approximately 4,000,000,000 kg CO2e. This figure includes 13,991,000 kg CO2e from Scope 1 emissions, 66,129,000 kg CO2e from Scope 2 emissions, and a substantial 3,975,424,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions encompass various categories, with purchased goods and services contributing about 2,903,347,000 kg CO2e, and employee commuting accounting for approximately 69,269,000 kg CO2e. Cofra Holding has set ambitious near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for reductions consistent with limiting global warming to 1.5°C. These targets cover 100% of its total investment and lending activities as of 2020, with a deadline for submission set for September 2023. The company is committed to addressing greenhouse gas emissions from its operations (Scopes 1 and 2) and has established a near-term target year of 2025. The emissions data reflects a comprehensive approach to climate accountability, with disclosures across all relevant scopes. As a financial institution based in Switzerland, Cofra Holding is actively working towards integrating sustainability into its investment strategies, demonstrating a commitment to reducing its carbon footprint and contributing to global climate goals.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 477,000 | 000,000 | 000,000 | 00,000,000 |
| Scope 2 | 470,000 | 00,000 | 00,000 | 00,000,000 |
| Scope 3 | 2,367,000 | 000,000 | 000,000 | 0,000,000,000 |
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.
Cofra Holding is participating in some 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.
