COWI Holding A/S Sustainability Profile
COWI Holding A/S, a leading engineering consultancy firm headquartered in Denmark (DK), has established itself as a key player in the infrastructure, environment, and energy sectors since its founding in 1930. With a strong presence across Europe, the Middle East, and North America, COWI offers a diverse range of services, including project management, engineering design, and environmental assessments. Renowned for its innovative solutions, COWI integrates advanced technology and sustainable practices into its core offerings, setting it apart in the competitive landscape. The company has achieved significant milestones, including numerous prestigious awards for its contributions to large-scale infrastructure projects. COWI's commitment to quality and sustainability positions it as a trusted partner for clients seeking to navigate complex challenges in the built environment.
DitchCarbon Score
How does COWI Holding A/S'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 Other 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
COWI Holding A/S's score of 94 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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COWI Holding A/S's reported carbon emissions
In 2024, COWI Holding A/S reported total carbon emissions of approximately 64,359,000 kg CO2e. This includes 379,000 kg CO2e from Scope 1 emissions, 2,036,000 kg CO2e from Scope 2 emissions (market-based), and a significant 61,945,000 kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of about 63,025,000 kg CO2e, with Scope 1 at 542,000 kg CO2e, Scope 2 at 3,047,000 kg CO2e (market-based), and Scope 3 at 59,436,000 kg CO2e. COWI has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% and Scope 3 emissions by 25% by 2030, using 2022 as the baseline year. Furthermore, the company is committed to achieving net-zero emissions across all scopes by 2050, also measured against the 2022 baseline. These targets have been validated by the Science Based Targets initiative (SBTi) and are aligned with the goal of limiting global warming to 1.5°C. COWI's long-term strategy includes a further reduction of 90% in absolute Scope 1 and 2 emissions by 2050, alongside a similar 90% reduction in Scope 3 emissions. The company is actively working towards these goals, demonstrating a strong commitment to sustainability and climate action.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 481,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,901,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 33,925,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is COWI Holding A/S's Industry?
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COWI Holding A/S's Scope 3 Categories Breakdown
COWI Holding A/S's Scope 3 emissions, which increased by 4% last year and increased by approximately 83% since 2020, 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 77% of Scope 3 emissions.
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COWI Holding A/S'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.
COWI Holding A/S has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about COWI Holding A/S's sustainability data and climate commitments