Filtering by company not contact

I have both custom contact fields and custom contact fields yet I only appear able to filter by contact, not company. With this being the case what is the point of a custom company field?

For example, if I want to know what companies have green logos this should be a custom company field however if I wanted to email all contacts that work for companies with green logos then I would need to add this field, and set its value, for every contact individually.

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