Cosma International Inc. Sustainability Profile
Cosma International Inc., a leading player in the automotive parts industry, is headquartered in California and operates extensively across North America, Europe, and Asia. Founded in 2000, the company has established itself as a key supplier of high-quality metal components and assemblies, catering to major automotive manufacturers. Cosma's core offerings include innovative stamping, welding, and assembly solutions, which are distinguished by their precision engineering and commitment to sustainability. The company has achieved significant milestones, including numerous awards for excellence in manufacturing and environmental stewardship. With a strong market position, Cosma International Inc. continues to drive advancements in the automotive sector, ensuring that it meets the evolving needs of its clients while maintaining a focus on quality and efficiency.
DitchCarbon Score
How does Cosma International Inc.'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 Motor Vehicle Retail 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
Cosma International Inc.'s score of 88 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cosma International Inc., headquartered in California, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Magna International Inc., which influences its climate commitments and reporting. While Cosma International Inc. does not have its own documented reduction targets, it inherits sustainability initiatives from its parent company, Magna International Inc. This includes participation in the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, which collectively aim to drive significant reductions in greenhouse gas emissions across their operations. As a subsidiary, Cosma's climate commitments align with those of Magna International, focusing on reducing emissions in line with industry standards. However, specific targets or achievements related to emissions reductions have not been disclosed at this time. In summary, while Cosma International Inc. does not provide specific emissions data or reduction targets, it is part of a broader corporate strategy under Magna International Inc. that prioritises sustainability and climate action.
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| 2010 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 334,000,000 | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 983,000,000 | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - |
How Carbon Intensive is Cosma International Inc.'s Industry?
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Cosma International Inc.'s Scope 3 Categories Breakdown
Cosma International Inc.'s Scope 3 emissions, which increased by 2% last year and decreased by approximately 1% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 52% of Scope 3 emissions.
Top Scope 3 Categories
Cosma International Inc.'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.
Cosma International Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
