Public Profile

Assuranceforeningen Skuld

Assuranceforeningen Skuld, commonly known as Skuld, is a leading mutual marine insurance provider headquartered in Norway. Established in 1897, Skuld has built a strong reputation in the maritime industry, offering comprehensive insurance solutions across major operational regions, including Europe, Asia, and the Americas. Specialising in P&I (Protection and Indemnity) insurance, Skuld provides unique services that cater to the diverse needs of shipowners and operators. The company is renowned for its commitment to risk management and loss prevention, ensuring clients receive tailored support and expertise. With a robust market position, Skuld has achieved notable milestones, including a significant membership base and a strong financial standing, reflecting its dedication to service excellence and client satisfaction in the marine insurance sector.

DitchCarbon Score

How does Assuranceforeningen Skuld'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.

31

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.

27

Industry Benchmark

Assuranceforeningen Skuld's score of 31 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

82%

Assuranceforeningen Skuld's reported carbon emissions

In 2023, Assuranceforeningen Skuld reported significant carbon emissions, with Scope 1 emissions at approximately 237,000,000 kg CO2e and Scope 2 emissions at about 53,000 kg CO2e. The organisation has disclosed emissions data across multiple scopes, including Scope 1, 2, and 3, with previous years showing a trend of varying emissions. For instance, in 2022, Scope 2 emissions were around 42,000 kg CO2e, while Scope 3 emissions reached an astonishing 340,099,750,000 kg CO2e, primarily driven by purchased goods and services. Despite these figures, Assuranceforeningen Skuld has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction strategies or climate pledges. The organisation's emissions data reflects its operational footprint, but without defined commitments to reduce these emissions, it remains unclear how they plan to address their climate impact moving forward. Overall, while Assuranceforeningen Skuld has made strides in transparency by disclosing emissions data, the lack of concrete reduction targets highlights an area for potential improvement in their climate strategy.

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20192020202120222023
Scope 1
54,960
00,000
-
-
000,000,000
Scope 2
54,960
00,000
00,000
00,000
00,000
Scope 3
546,000
00,000
-
000,000,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Assuranceforeningen Skuld's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Assuranceforeningen Skuld is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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.

Assuranceforeningen Skuld 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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