Covisint Corporation Sustainability Profile
Covisint Corporation, headquartered in the United States, is a leading provider of cloud-based solutions tailored for the automotive and manufacturing industries. Founded in 2000, Covisint has established itself as a pivotal player in the digital transformation landscape, focusing on secure data exchange and collaboration among enterprises. The company’s core offerings include identity management, secure data sharing, and integration services, which are designed to enhance operational efficiency and streamline supply chain processes. Covisint's unique approach to connectivity and security has positioned it as a trusted partner for organisations seeking to optimise their digital ecosystems. With a strong market presence and a commitment to innovation, Covisint has achieved significant milestones, including partnerships with major automotive manufacturers. Its dedication to providing robust, scalable solutions continues to drive its reputation as a leader in the industry.
DitchCarbon Score
How does Covisint Corporation'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
Covisint Corporation's score of 80 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Covisint Corporation, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Open Text Corporation, which may influence its climate commitments and reporting practices. As part of its corporate family relationship, Covisint's climate initiatives and targets are likely aligned with those of Open Text Corporation. However, no specific reduction targets or climate pledges have been disclosed for Covisint itself. The absence of documented reduction initiatives suggests that the company may still be in the early stages of establishing its own climate strategy. Given the lack of direct emissions data and specific commitments, Covisint's climate performance remains unclear. The company may benefit from adopting industry-standard practices and targets set by its parent organisation, Open Text Corporation, to enhance its sustainability profile and contribute to broader climate goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,345,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 24,067,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 7,078,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Covisint Corporation's Industry?
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Covisint Corporation's Scope 3 Categories Breakdown
Covisint Corporation's Scope 3 emissions, which increased by 7% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 67% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 26% of Scope 3 emissions.
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Covisint Corporation'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.
Covisint Corporation 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.
