Cordenka GmbH & Co. is a leading manufacturer of high-performance industrial yarns, headquartered in Germany. Established in 1995, the company has carved a niche in the textile industry, specialising in the production of viscose filament yarns. With a strong operational presence across Europe and beyond, Cordenka is renowned for its innovative approach to yarn technology. The company’s core products include high-tenacity yarns that are distinguished by their exceptional strength and durability, making them ideal for various applications, including automotive and construction. Cordenka's commitment to quality and sustainability has positioned it as a trusted partner in the global market, achieving notable milestones in product development and customer satisfaction. With a focus on continuous improvement, Cordenka GmbH & Co. remains at the forefront of the textile industry, delivering unique solutions that meet the evolving needs of its clients.
How does Cordenka Gmbh And Co'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.
Mean score of companies in the Chemicals 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.
Cordenka Gmbh And Co's score of 5 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, Cordenka GmbH & Co. reported total greenhouse gas emissions of approximately 3,961,000 kg CO2e, a significant reduction from about 7,422,000 kg CO2e in 2019. The emissions breakdown for 2020 includes approximately 2,786,000 kg CO2e from Scope 1, about 230,000 kg CO2e from Scope 2, and around 100,000 kg CO2e from Scope 3 emissions. Cordenka has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 34% by 2030, using 2018 as the base year. Additionally, the company targets a 32% reduction in absolute Scope 3 emissions, which encompass emissions from purchased goods and services, fuel and energy-related activities, and the processing of sold products, within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to well below 2°C. Cordenka's proactive approach to emissions reduction reflects its commitment to sustainability within the chemicals sector, positioning the company as a responsible player in addressing climate change.
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Add to project2019 | 2020 | |
---|---|---|
Scope 1 | 5,811,000 | 0,000,000 |
Scope 2 | 312,000 | 000,000 |
Scope 3 | 423,000 | 000,000 |
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.
Cordenka Gmbh And Co is committed to some reduction initiatives 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.