Cogne Acciai Speciali S.p.a. Sustainability Profile
Cogne Acciai Speciali S.p.a., commonly referred to as Cogne, is a leading player in the stainless steel industry, headquartered in Italy. Established in 1921, the company has built a strong reputation for its high-quality products and innovative solutions, primarily serving the aerospace, automotive, and energy sectors. With a focus on producing a wide range of stainless steel and special alloys, Cogne stands out for its commitment to sustainability and advanced manufacturing techniques. The company operates major facilities in Italy and has expanded its reach across Europe and beyond, solidifying its position as a trusted supplier in the global market. Cogne's dedication to research and development has led to significant milestones, including the introduction of unique alloy compositions that meet stringent industry standards. This focus on quality and innovation has earned Cogne Acciai Speciali S.p.a. a prominent place among the top manufacturers in the stainless steel sector.
DitchCarbon Score
How does Cogne Acciai Speciali S.p.a.'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 Furniture Manufacturing 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
Cogne Acciai Speciali S.p.a.'s score of 35 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cogne Acciai Speciali S.p.a.'s reported carbon emissions
In 2021, Cogne Acciai Speciali S.p.a. reported total carbon emissions of approximately 105,764,760 kg CO2e from Scope 1 and about 93,230,440 kg CO2e from Scope 2, resulting in a combined total of around 191,933,600 kg CO2e for both scopes. This data reflects the company's commitment to transparency in its carbon footprint, with emissions data inherited from its parent company, Walsin Lihwa Corporation. Cogne Acciai Speciali S.p.a. has made significant climate commitments, including a long-term target to achieve net-zero emissions by 2050, as part of its Science Based Targets initiative (SBTi) commitments. The company is currently classified as "Committed" to this net-zero goal, indicating a proactive approach to reducing its overall emissions across all scopes. The company has shown a consistent effort in managing its emissions, with previous years' data indicating a reduction trend. For instance, in 2020, emissions were approximately 92,378,830 kg CO2e for Scope 1 and about 91,428,250 kg CO2e for Scope 2, leading to a total of around 168,172,460 kg CO2e. In 2019, emissions were reported at approximately 100,878,540 kg CO2e for Scope 1 and about 124,180,750 kg CO2e for Scope 2, totalling around 193,123,540 kg CO2e. Cogne Acciai Speciali S.p.a.'s ongoing commitment to sustainability and emissions reduction aligns with industry standards and reflects its dedication to addressing climate change within the mining and metals sector.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 100,878,540 | 00,000,000 | 000,000,000 |
| Scope 2 | 124,180,750 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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Cogne Acciai Speciali S.p.a.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cogne Acciai Speciali S.p.a. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
