Colart International Holdings Limited
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 27 is higher than 51% 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. This represents a decrease from 2020, when total emissions were about 10,793,000 kg CO2e, with Scope 1 emissions at 6,712,000 kg CO2e, Scope 2 at 2,781,000 kg CO2e, and Scope 3 at 1,300,000 kg CO2e. Colart has set ambitious climate commitments, aiming for 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 from the same base year. 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. Furthermore, Colart aims for 90% of its suppliers, covering purchased goods and services and upstream transportation, to have science-based targets by 2029. Colart is also committed to achieving net-zero greenhouse gas emissions across its value chain by 2050. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's dedication to addressing climate change effectively.
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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 |
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.
Colart International Holdings Limited 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.
