OFS Brands Holdings, Inc. Sustainability Profile
OFS Brands Holdings, Inc., commonly referred to as OFS Brands, is a prominent player in the furniture manufacturing industry, headquartered in the United States. Established in 1992, the company has carved a niche in providing innovative and sustainable furniture solutions for various sectors, including education, healthcare, and corporate environments. With a strong operational presence across North America, OFS Brands is renowned for its diverse range of products, including office furniture, seating, and collaborative spaces. Their commitment to quality and design excellence sets them apart in a competitive market. Notable achievements include a focus on environmentally responsible practices and a reputation for customisation, allowing clients to create tailored solutions that meet their specific needs. As a leader in the industry, OFS Brands continues to shape the future of workspace design.
DitchCarbon Score
How does OFS Brands Holdings, 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 Wood Reprocessing 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
OFS Brands Holdings, Inc.'s score of 40 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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OFS Brands Holdings, Inc.'s reported carbon emissions
In 2022, OFS Brands Holdings, Inc. reported total carbon emissions of approximately 12,562,122,000 kg CO2e, with significant contributions from Scope 3 emissions at about 12,562,122,000 kg CO2e, followed by Scope 1 emissions at approximately 44,368,000 kg CO2e and Scope 2 emissions at around 18,350,000 kg CO2e. The company has set ambitious reduction targets, aiming for a 50% reduction in Scope 1 and Scope 2 emissions from 2016 levels by 2030. This goal is part of a broader commitment to achieve near-zero emissions in both scopes by 2025. Additionally, OFS Brands plans to plant 60,000 trees annually, which is estimated to offset their annual emissions over time, contributing to their long-term net-zero strategy. OFS Brands has previously achieved a 6.1% reduction in Scope 1 emissions per 1,000 transportation miles from 2009 levels and a 26% reduction in Scope 2 emissions per sales dollar from 2009 to 2013, demonstrating a proactive approach to sustainability. The emissions data is not cascaded from any parent company, indicating that OFS Brands Holdings, Inc. independently reports its emissions and climate commitments.
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| 2022 | |
|---|---|
| Scope 1 | 44,368,000 |
| Scope 2 | 18,350,000 |
| Scope 3 | 12,562,122,000 |
How Carbon Intensive is OFS Brands Holdings, Inc.'s Industry?
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OFS Brands Holdings, Inc.'s Scope 3 Categories Breakdown
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 primary emissions source at 13% of Scope 3 emissions.
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OFS Brands Holdings, 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.
OFS Brands Holdings, 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.
