ERGO Versicherung AG Sustainability Profile
ERGO Versicherung AG, a prominent player in the insurance industry, is headquartered in Düsseldorf, Germany. Founded in 1997, the company has established itself as a key provider of a wide range of insurance products, including life, health, and property insurance. With a strong presence in both domestic and international markets, ERGO operates extensively across Europe and Asia. The company is renowned for its innovative solutions tailored to meet the diverse needs of its clients, emphasising customer-centric services and digital transformation. ERGO Versicherung AG has achieved significant milestones, including recognition for its sustainable practices and commitment to social responsibility. As a subsidiary of Munich Re, one of the world's leading reinsurers, ERGO holds a strong market position, consistently delivering reliable insurance solutions that set it apart in a competitive landscape.
DitchCarbon Score
How does ERGO Versicherung 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.
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
ERGO Versicherung AG's score of 56 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ERGO Versicherung AG, headquartered in Germany, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München, which may influence its climate commitments and reporting practices. While ERGO Versicherung AG has not established its own reduction targets or climate pledges, it is important to note that it inherits climate initiatives and performance metrics from its parent company. This includes data cascaded from Münchener Rückversicherungs-Gesellschaft, which is known for its commitment to sustainability and climate action. As a part of the broader insurance and reinsurance industry, ERGO Versicherung AG is expected to align with industry standards and practices regarding carbon emissions reduction and climate resilience. However, without specific emissions data or reduction targets, the company's individual climate commitments remain unclear.
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| 2009 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 65,932 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is ERGO Versicherung AG's Industry?
How Carbon Intensive is ERGO Versicherung AG's Location?
ERGO Versicherung AG's Scope 3 Categories Breakdown
ERGO Versicherung AG's Scope 3 emissions, which increased by 141% last year and increased significantly since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 100% of Scope 3 emissions.
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ERGO Versicherung AG's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
ERGO Versicherung AG has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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