Codan Sustainability Profile
Codan Limited, headquartered in Australia, is a leading provider of advanced communication and security solutions. Founded in 1959, the company has established a strong presence in key operational regions, including North America, Europe, and Asia-Pacific. Codan operates primarily within the telecommunications and defence industries, focusing on high-performance radio communications, metal detection, and security systems. Renowned for its innovative products, Codan's offerings include the world-class HF radio systems and cutting-edge metal detectors, which are distinguished by their reliability and user-friendly design. The company has achieved significant milestones, including numerous awards for excellence in engineering and technology. With a solid market position, Codan continues to be a trusted partner for customers seeking robust and effective communication solutions in challenging environments.
DitchCarbon Score
How does Codan'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 Machinery and Equipment 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
Codan's score of 27 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Codan's reported carbon emissions
In 2024, Codan Limited reported total carbon emissions of approximately 54,357,000 kg CO2e, comprising 1,485,000 kg CO2e from Scope 1, 1,037,000 kg CO2e from Scope 2, and a significant 51,835,000 kg CO2e from Scope 3 emissions. This marks a slight increase from 2023, where total emissions were about 52,982,000 kg CO2e, with Scope 1 at 1,433,000 kg CO2e, Scope 2 at 928,000 kg CO2e, and Scope 3 at 50,601,000 kg CO2e. Codan has initiated several climate commitments aimed at reducing its carbon footprint. In FY24, the company engaged external consultants to establish a baseline for its global operations' emissions and identify major sources of emissions. They have developed a comprehensive list of actions and timelines for emissions reduction, focusing on both Scope 1 and Scope 2 emissions. Codan is also aligning its governance with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) to effectively manage climate-related risks and opportunities. While specific reduction targets have not been disclosed, Codan's ongoing efforts reflect a commitment to enhancing its sustainability practices and addressing climate change proactively.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | - | - | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | 000,000 | 0,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 |
How Carbon Intensive is Codan's Industry?
How Carbon Intensive is Codan's Location?
Codan'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.
Codan 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.
