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Insurance Services
DE
updated a month ago

NÜRNBERGER Lebensversicherung AG

Company website

NÜRNBERGER Lebensversicherung AG, commonly referred to as NÜRNBERGER, is a prominent player in the German insurance industry, headquartered in Nuremberg, Germany. Established in 1884, the company has a rich history marked by significant milestones, including its expansion into various operational regions across Europe. Specialising in life insurance, health insurance, and pension products, NÜRNBERGER distinguishes itself through tailored solutions that cater to individual client needs. Its core offerings include life insurance policies, supplementary health insurance, and retirement plans, all designed with a focus on customer-centric service and financial security. With a strong market position, NÜRNBERGER Lebensversicherung AG is recognised for its commitment to innovation and reliability, making it a trusted choice for clients seeking comprehensive insurance solutions in an ever-evolving landscape.

DitchCarbon Score

How does NÜRNBERGER Lebensversicherung AG'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.

37

Industry Average

Mean score of companies in the Insurance 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.

28

Industry Benchmark

NÜRNBERGER Lebensversicherung AG's score of 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

63%

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NÜRNBERGER Lebensversicherung AG's reported carbon emissions

In 2024, NÜRNBERGER Lebensversicherung AG reported total carbon emissions of approximately 13,078,120,110 kg CO2e. This figure includes Scope 1 emissions of about 944,790 kg CO2e, Scope 2 emissions of approximately 2,950,230 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which total around 13,074,225,090 kg CO2e. The Scope 3 emissions are primarily driven by investments, accounting for about 13,063,922,550 kg CO2e. NÜRNBERGER Lebensversicherung AG has set ambitious climate commitments, aiming for net-zero emissions in both Scope 1 and Scope 2 by 2050. In the near term, the company plans to reduce its Scope 1 and Scope 2 emissions to nearly zero by 2025. Additionally, they have set a target to decrease Scope 1 and Scope 2 emissions by 30% by 2030, using 2024 as the baseline year. The emissions data is cascaded from NÜRNBERGER Beteiligungs-AG, reflecting the company's commitment to sustainability within its corporate family. These initiatives align with industry standards and demonstrate NÜRNBERGER's proactive approach to addressing climate change and reducing its carbon footprint.

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2024
Scope 1
944,790
Scope 2
2,950,230
Scope 3
13,074,225,090

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. NÜRNBERGER Lebensversicherung AG's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for NÜRNBERGER Lebensversicherung AG is in DE, which has a medium grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

NÜRNBERGER Lebensversicherung AG is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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