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 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Länsförsäkringar's reported carbon emissions
In 2023, Länsförsäkringar reported total carbon emissions of approximately 1,300,000 kg CO2e across all scopes. This includes 130,400 kg CO2e from Scope 1, 86,900 kg CO2e from Scope 2, and significant Scope 3 emissions totalling about 1,000,000 kg CO2e. The breakdown of Scope 3 emissions includes 909,400 kg CO2e from capital goods, 1,151,000 kg CO2e from business travel, 615,400 kg CO2e from employee commute, and 623,100 kg CO2e from purchased goods and services. In 2022, the company’s emissions were notably higher, with total emissions reaching approximately 53,571,000 kg CO2e, primarily driven by Scope 3 emissions. Scope 1 and 2 emissions were reported at 96,100 kg CO2e and 63,200 kg CO2e, respectively. 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 tracking emissions, 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 | 3,138,100 | 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 committed to any 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.
