Swiss Life Sustainability Profile
Swiss Life Holding AG, commonly known as Swiss Life, is a leading provider of life insurance and pension solutions headquartered in Zurich, Switzerland (CH). Established in 1857, the company has evolved significantly, marking key milestones in the insurance industry while expanding its operations across Europe, particularly in Germany, France, and Switzerland. Specialising in life insurance, pensions, and financial planning, Swiss Life distinguishes itself through its customer-centric approach and innovative products tailored to individual needs. The firm is recognised for its strong market position, consistently ranking among the top insurers in Switzerland and maintaining a robust presence in the European market. With a commitment to sustainability and financial security, Swiss Life continues to set benchmarks in the insurance sector, ensuring clients receive comprehensive and reliable solutions for their financial futures.
DitchCarbon Score
How does Swiss Life'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
Swiss Life's score of 79 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Swiss Life's reported carbon emissions
In 2024, Swiss Life reported total carbon emissions of approximately 15,889,000 kg CO2e, comprising 5,842,000 kg CO2e from Scope 1, 885,000 kg CO2e from Scope 2, and 9,162,000 kg CO2e from Scope 3 emissions. This represents a slight increase from 2023, where total emissions were approximately 14,251,000 kg CO2e, with Scope 1 emissions at 7,095,000 kg CO2e, Scope 2 at 388,000 kg CO2e, and Scope 3 at 6,768,000 kg CO2e. Swiss Life has set ambitious reduction targets, aiming for a 35% reduction in CO2 emissions per full-time employee (FTE) by the end of 2024 compared to 2019 levels, specifically targeting Scope 1 and Scope 2 emissions. Furthermore, the company plans to achieve a 50% reduction in CO2 emissions per FTE by the end of 2027, also relative to 2019. Additionally, Swiss Life aims to reduce the carbon intensity of its directly held real estate portfolio by 20% by 2030 compared to 2019. The organisation is committed to achieving climate neutrality by 2025, focusing on both operational and investment activities. These initiatives reflect Swiss Life's dedication to sustainability and its proactive approach to mitigating climate impact.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 6,860,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,610,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 9,750,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Swiss Life's Industry?
How Carbon Intensive is Swiss Life's Location?
Swiss Life's Scope 3 Categories Breakdown
Swiss Life's Scope 3 emissions, which increased by 35% last year and decreased by approximately 6% since 2013, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 58% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 89% of Scope 3 emissions.
Top Scope 3 Categories
Swiss Life'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.
Swiss Life 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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