Helvetia Insurance, officially known as Helvetia Versicherungen, is a prominent player in the insurance industry, headquartered in Switzerland (CH). Established in 1858, the company has evolved significantly, expanding its operations across major regions in Europe, including Germany, Austria, and Italy. Specialising in a diverse range of insurance products, Helvetia offers unique solutions in life, property, and casualty insurance, catering to both individual and corporate clients. The company is recognised for its customer-centric approach and innovative digital services, setting it apart in a competitive market. With a strong market position, Helvetia Insurance has achieved notable milestones, including consistent growth and a reputation for reliability. Its commitment to sustainability and social responsibility further enhances its standing as a trusted insurer in the industry.
How does Helvetia Insurance'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.
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.
Helvetia Insurance's score of 45 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Helvetia Insurance, headquartered in Switzerland (CH), reported total carbon emissions of approximately 12,293,000 kg CO2e. This figure includes 4,644,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 7,440,000 kg CO2e from Scope 3 emissions, encompassing indirect emissions such as business travel and employee commuting. The company also reported Scope 2 emissions of 1,616,000 kg CO2e, which are associated with purchased electricity and heat. In comparison, Helvetia's global emissions for 2021 were significantly higher, at about 17,789,000 kg CO2e, indicating a notable reduction in emissions over the two-year period. However, the company has not set specific reduction targets or initiatives as part of its climate commitments, which limits its formal engagement in structured climate action frameworks like the Science Based Targets initiative (SBTi). Overall, while Helvetia Insurance has made strides in reducing its carbon footprint, the absence of defined reduction targets suggests an opportunity for further commitment to climate action and sustainability within the insurance industry.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
Scope 2 | 7,084,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 11,352,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
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.
Helvetia Insurance is committed to some reduction initiatives 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.