Colart International Holdings Limited Sustainability Profile
Colart International Holdings Limited, commonly referred to as Colart, is a leading player in the art materials industry, headquartered in Great Britain. Founded in 1992, the company has established a strong presence in key operational regions, including Europe, North America, and Asia. Colart is renowned for its premium art supplies, including paints, brushes, and canvases, catering to both professional artists and hobbyists. With a commitment to quality and innovation, Colart's core products, such as the iconic Winsor & Newton and Liquitex brands, stand out for their exceptional performance and reliability. The company has achieved notable milestones, including expanding its product range and enhancing sustainability practices. As a market leader, Colart continues to inspire creativity and support artists worldwide, solidifying its reputation in the art materials sector.
DitchCarbon Score
How does Colart International Holdings Limited'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 Retail Trade 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
Colart International Holdings Limited's score of 39 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Colart International Holdings Limited's reported carbon emissions
In 2021, Colart International Holdings Limited reported total carbon emissions of approximately 9,802,000 kg CO2e. This figure includes 5,014,000 kg CO2e from Scope 1 emissions, 3,128,000 kg CO2e from Scope 2 emissions, and 1,660,000 kg CO2e from Scope 3 emissions. The total emissions for 2020 were higher, at about 10,793,000 kg CO2e, indicating a reduction in emissions year-on-year. Colart has set ambitious climate commitments, aiming to achieve a 90% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2035, using 2023 as the base year. Additionally, the company targets a 90% reduction in absolute Scope 3 emissions by 2050, also from a 2023 baseline. Near-term goals include a 42% reduction in Scope 1 emissions by 2030 and a commitment to source 100% renewable electricity by 2030, up from 5% in 2023. Colart's overall strategy includes a commitment to reach net-zero greenhouse gas emissions across its entire value chain by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. The company’s emissions data and targets are cascaded from its corporate structure, reflecting its commitment to sustainability within the trading and distribution sector.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 6,712,000 | 0,000,000 |
| Scope 2 | 2,781,000 | 0,000,000 |
| Scope 3 | 1,300,000 | 0,000,000 |
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Colart International Holdings Limited'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.
Colart International Holdings Limited 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.
Frequently Asked Questions
Common questions about Colart International Holdings Limited's sustainability data and climate commitments