- Lower-than-expected employee utilization impacting profitability.
- Challenging market conditions in Sweden impacting Arkitema.
- Slowdown in the UK infrastructure market.
- Postponement or cancellation of some offshore wind projects due to increased costs.
- Weakened SEK, high inflation, and increased costs in Sweden.
COWI Holding A/S
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, COWI Holding A/S disclosed greenhouse gas emissions of 60.6K tCO2e/year. By scope: Scope 1: 472 tCO2e/year; Scope 2: 2.0K tCO2e/year; Scope 3: 58.1K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
60.6K tCO2e/year
2023
Energy Use
12.8K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 472 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.0K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 58.1K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced total emissions by 5% from 2022 to 60,609 tCO2e. Emissions per headcount decreased by 8% to 7.6 tCO2e/headcount. Emissions per revenue decreased by 10% to 7.6 tCO2e/DKK '000.
- Entered into a ten-year power purchase agreement with Better Energy for solar electricity in Denmark, covering approximately one-third of office electricity consumption.
- Entered into a power purchase agreement with REEL to establish solar plants in Denmark, covering another third of electricity consumption (planned for 2024).
- Denmark, Norway, and North America offices received ISO 14001 certification for environmental management.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Maintain a favourable engagement score of 78% in 2024.
- Achieve an EBITA* margin of around 7% in 2024.
📅 Medium-term
- Achieve an EBITA* margin of 10% by 2026.
- By 2026, women to hold at least 30% of senior leadership positions.
🔭 Long-term
- Reduce Scope 1 and 2 CO₂ emissions by 42% and Scope 3 emissions by 25% by 2030 (compared to 2022 baseline).
- Net-zero emissions across all scopes by 2050 (compared to 2022 baseline).
- By 2030, at least 40% women in leadership positions.
🌱 ESG Focus Areas
Climate change mitigationClimate change adaptationBiodiversityGender equalityHealth and safetyCorruption and briberyProtection of whistle-blowersCorporate culture