Talanx
Talanx AG, a prominent player in the insurance and financial services sector, is headquartered in Hannover, Germany. Founded in 1996, Talanx has established itself as a leading provider of a diverse range of insurance solutions, including property and casualty, life, and health insurance. The company operates extensively across Europe, particularly in Germany, Poland, and the Nordic countries, as well as in selected markets in Asia and Latin America. Talanx is renowned for its innovative approach to risk management and customer-centric services, offering unique products tailored to meet the evolving needs of its clients. With a strong market position, Talanx has achieved notable milestones, including its listing on the Frankfurt Stock Exchange and recognition for its sustainable business practices. As a key player in the insurance industry, Talanx continues to drive growth and enhance its service offerings, solidifying its reputation as a trusted partner in financial security.
DitchCarbon Score
How does Talanx'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 Services Auxiliary to Financial Intermediation 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
Talanx's score of 56 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Talanx's reported carbon emissions
In 2024, Talanx reported total carbon emissions of approximately 130,900,000 kg CO2e for Scope 1, 46,137,000 kg CO2e for Scope 2 (market-based), and significant contributions from Scope 3 emissions, including 14,194,000 kg CO2e from capital goods and 18,168,000 kg CO2e from business travel. This reflects a comprehensive approach to emissions reporting across all three scopes. For 2023, Talanx's total emissions were about 31,187,000 kg CO2e, with Scope 1 emissions at 8,821,000 kg CO2e and Scope 2 emissions at 9,739,000 kg CO2e (market-based). Scope 3 emissions totalled 12,627,000 kg CO2e, indicating a substantial footprint from indirect activities. Talanx has set ambitious reduction targets, aiming for a 30% reduction in carbon intensity for both Scope 1 and Scope 2 emissions by 2025, compared to 2020 levels. Additionally, the company is committed to achieving carbon neutrality at its German locations by 2030 and aims for net zero emissions across its operations by 2050. This includes a 34% reduction in GHG emissions from its own operations by 2023, relative to a 2019 baseline. Overall, Talanx's climate commitments reflect a proactive stance in addressing climate change, with a focus on both immediate and long-term sustainability goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 11,425,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 16,168,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 19,603,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Talanx 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.
