SIGNAL IDUNA Gruppe
SIGNAL IDUNA Gruppe, headquartered in Dortmund, Germany, is a prominent player in the insurance and financial services industry. Founded in 1900, the company has established a strong presence across various regions in Germany, offering a diverse range of products and services tailored to meet the needs of individuals and businesses alike. The company excels in health, life, and property insurance, as well as asset management, distinguishing itself through innovative solutions and customer-centric approaches. With a commitment to quality and reliability, SIGNAL IDUNA Gruppe has garnered a solid market position, recognised for its financial stability and comprehensive service offerings. Over the years, it has achieved significant milestones, reinforcing its reputation as a trusted partner in the insurance sector.
DitchCarbon Score
How does SIGNAL IDUNA Gruppe'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 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.
Industry Benchmark
SIGNAL IDUNA Gruppe's score of 21 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SIGNAL IDUNA Gruppe's reported carbon emissions
In 2022, SIGNAL IDUNA Gruppe reported total carbon emissions of approximately 14,478,000 kg CO2e. This figure includes Scope 1 emissions of about 3,968,000 kg CO2e, Scope 2 emissions of around 904,000 kg CO2e, and significant Scope 3 emissions totalling approximately 8,606,000 kg CO2e. For 2023, specific emissions data is not disclosed; however, the company has reported an employee-related emission factor of about 2,000 kg CO2e per employee. Currently, SIGNAL IDUNA Gruppe has not set any publicly disclosed reduction targets or initiatives, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of reduction commitments indicates a potential area for future development in their climate strategy. Overall, while the company has substantial emissions, it appears to be in the early stages of formalising its climate commitments and reduction strategies.
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| 2022 | |
|---|---|
| Scope 1 | 3,968,000 |
| Scope 2 | 904,000 |
| Scope 3 | 8,606,000 |
Industry emissions intensity
Location emissions intensity
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.
SIGNAL IDUNA Gruppe 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.
