Ag Insurance Sustainability Profile
Ag Insurance, headquartered in Belgium, is a leading provider of agricultural insurance solutions, serving farmers and agribusinesses across the region. Established in 2006, the company has quickly become a trusted name in the industry, focusing on risk management and tailored insurance products that cater specifically to the unique needs of the agricultural sector. With a comprehensive range of services, including crop insurance, livestock coverage, and farm liability protection, Ag Insurance stands out for its commitment to innovation and customer service. The company’s expertise in agricultural risk assessment and its strong market position have earned it recognition as a key player in the Belgian insurance landscape. By prioritising the needs of farmers, Ag Insurance continues to support the growth and sustainability of the agricultural community.
DitchCarbon Score
How does Ag Insurance'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
Ag Insurance's score of 43 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ag Insurance's reported carbon emissions
In 2023, AG Insurance reported total carbon emissions of approximately 9,101,000 kg CO2e globally. This figure reflects a slight decrease from 2022, when emissions were about 9,924,000 kg CO2e. The emissions data for 2024 is not yet available, and AG Insurance has not disclosed specific Scope 1, 2, or 3 emissions figures. AG Insurance has set ambitious climate commitments, aiming to reduce its greenhouse gas emissions by 40% across all scopes by 2030, with a baseline year of 2019. This target is part of a broader strategy to achieve net zero emissions in its investment portfolio by 2050. Additionally, the company has established an intermediate target to cut emissions from its equity, corporate bond, real estate, and infrastructure portfolios by 50% by 2030. The organisation is also undertaking significant initiatives to enhance energy efficiency, including a major renovation project aimed at reducing energy consumption in its offices by 60% by 2027. Furthermore, AG Insurance plans to transition to 100% green company vehicles by 2026. It is important to note that AG Insurance's emissions data is cascaded from its parent company, AG Insurance SA/NV, and is part of a corporate family relationship with Ageas SA/NV. This cascading structure influences the overall emissions reporting and climate commitments of AG Insurance.
How Carbon Intensive is Ag Insurance's Industry?
How Carbon Intensive is Ag Insurance's Location?
Ag Insurance'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.
Ag Insurance has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
