Länsförsäkringar
Länsförsäkringar, officially known as Länsförsäkringar AB, is a prominent Swedish insurance company headquartered in Stockholm, Sweden. Established in 1996, it has grown to become a leading player in the insurance and financial services industry, primarily serving the Swedish market with a strong regional presence across various counties. The company offers a diverse range of products, including property, health, and life insurance, as well as banking services. Länsförsäkringar is distinguished by its unique cooperative model, which prioritises customer ownership and local engagement. This approach has solidified its reputation for exceptional customer service and tailored solutions. With a significant market share in Sweden, Länsförsäkringar has achieved notable milestones, including recognition for its sustainable practices and innovative insurance solutions, positioning itself as a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does Länsförsäkringar'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
Länsförsäkringar's score of 41 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Länsförsäkringar's reported carbon emissions
In 2023, Länsförsäkringar reported total carbon emissions of approximately 1,300,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 130,400 kg CO2e, while Scope 2 emissions totalled approximately 86,900 kg CO2e. The majority of their emissions stemmed from Scope 3, which accounted for about 1,000,000 kg CO2e, including significant contributions from business travel (approximately 1,151,000 kg CO2e) and purchased goods and services (around 623,100 kg CO2e). In 2022, the company’s total emissions were approximately 53,571,000 kg CO2e, with Scope 1 emissions at about 96,100 kg CO2e and Scope 2 emissions at approximately 63,200 kg CO2e. The Scope 3 emissions were notably high, reaching around 53,411,700 kg CO2e, driven by investments and business travel. For 2021, Länsförsäkringar's emissions were reported at about 1,000,000 kg CO2e, with Scope 1 emissions of approximately 50,000 kg CO2e and Scope 2 emissions of about 71,200 kg CO2e. Scope 3 emissions were significant, totalling around 2,627,800 kg CO2e, primarily from purchased goods and services. Despite these figures, Länsförsäkringar has not publicly committed to specific reduction targets or initiatives, indicating a potential area for future focus in their climate strategy. The absence of defined reduction targets suggests that while the company is aware of its carbon footprint, it may need to enhance its commitments to align with industry standards for climate action.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 50,000 | 00,000 | 000,000 |
| Scope 2 | 71,200 | 00,000 | 00,000 |
| Scope 3 | 2,918,200 | 00,000,000 | 0,000,000 |
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.
Länsförsäkringar 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.
