Coveo Sustainability Profile
Coveo Solutions Inc., commonly referred to as Coveo, is a leading provider of AI-powered search and personalisation solutions, headquartered in Canada. Founded in 2005, the company has established a strong presence in North America and Europe, serving a diverse range of industries including e-commerce, healthcare, and financial services. Coveo's core offerings include its advanced search platform and machine learning capabilities, which enable organisations to deliver tailored content and insights to users. This unique approach enhances customer experiences and drives engagement, setting Coveo apart in the competitive landscape of enterprise search solutions. With a commitment to innovation, Coveo has achieved significant milestones, including numerous awards for its technology and a growing client base that includes Fortune 500 companies. As a recognised leader in the industry, Coveo continues to shape the future of intelligent search and personalisation.
DitchCarbon Score
How does Coveo'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 Computer 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
Coveo's score of 29 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Coveo's reported carbon emissions
In 2024, Coveo, headquartered in Canada, reported total carbon emissions of approximately 19,500 kg CO2e from Scope 3 sources and about 500 kg CO2e from combined Scope 1 and 2 emissions. This data reflects Coveo's commitment to transparency in its environmental impact, although it does not currently have specific reduction targets or initiatives outlined in its climate strategy. Coveo's emissions data is not cascaded from any parent organisation, indicating that these figures are independently reported by Coveo Solutions Inc. The company has not established any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges at this time. Overall, while Coveo has made strides in disclosing its emissions, further commitments and reduction strategies will be essential for enhancing its sustainability profile in the tech industry.
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| 2024 | |
|---|---|
| Scope 1 | - |
| Scope 2 | - |
| Scope 3 | 19,500 |
How Carbon Intensive is Coveo's Industry?
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Coveo'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.
Coveo 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.
