BAWAG Versicherung
BAWAG Versicherung, officially known as BAWAG P.S.K. Versicherung AG, is a prominent insurance provider headquartered in Austria (AT). Established in 2004, the company has rapidly evolved within the insurance industry, focusing on key areas such as life insurance, health insurance, and property insurance. With a commitment to delivering tailored insurance solutions, BAWAG Versicherung stands out for its customer-centric approach and innovative products designed to meet diverse client needs. The company has achieved significant milestones, including expanding its operational reach across major regions in Austria. Recognised for its strong market position, BAWAG Versicherung continues to enhance its offerings, ensuring clients receive reliable coverage and exceptional service. As a trusted name in the insurance sector, it remains dedicated to fostering financial security for individuals and businesses alike.
DitchCarbon Score
How does BAWAG Versicherung'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
BAWAG Versicherung's score of 45 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BAWAG Versicherung's reported carbon emissions
In 2023, BAWAG Versicherung reported total carbon emissions of approximately 215,145,000 kg CO2e. This figure includes 25,189,000 kg CO2e from Scope 1 emissions, 5,674,000 kg CO2e from Scope 2 emissions, and 184,282,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the company emitted about 285,404,000 kg CO2e, with Scope 1 emissions at 33,241,000 kg CO2e, Scope 2 at 7,112,000 kg CO2e, and a significant 245,050,000 kg CO2e from Scope 3. This indicates a notable reduction in total emissions from 2022 to 2023. Despite these reductions, BAWAG Versicherung has not publicly disclosed specific reduction targets or initiatives aimed at further decreasing their carbon footprint. The absence of defined climate pledges or science-based targets suggests that while the company is making progress in emissions reduction, there is room for more structured commitments to climate action.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,636,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,163,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 114,000 | 000,000,000 | 000,000,000 |
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.
BAWAG Versicherung 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.
