Public Profile

Baloise

Baloise Holding AG, commonly referred to as Baloise, is a prominent player in the insurance and financial services industry, headquartered in Basel, Switzerland (CH). Founded in 1863, Baloise has established a strong presence across Europe, particularly in Switzerland, Germany, and Belgium, offering a diverse range of products and services. The company specialises in life and non-life insurance, as well as asset management, providing tailored solutions that cater to both individual and corporate clients. Baloise is recognised for its innovative approach, leveraging digitalisation to enhance customer experience and streamline operations. With a commitment to sustainability and social responsibility, Baloise has garnered a solid market position, consistently achieving notable milestones in customer satisfaction and operational efficiency.

DitchCarbon Score

How does Baloise'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.

43

Industry Average

Mean score of companies in the Financial Intermediation 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.

26

Industry Benchmark

Baloise's score of 43 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

Baloise's reported carbon emissions

In 2023, Baloise reported total carbon emissions of approximately 11,066,700 kg CO2e, comprising 4,078,300 kg CO2e from Scope 1, 631,900 kg CO2e from Scope 2, and 6,356,000 kg CO2e from Scope 3 emissions. This marks a slight increase from 2022, where emissions were about 10,724,700 kg CO2e. Baloise has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. However, they have committed to transparency in their emissions reporting, covering all three scopes of emissions. The company continues to monitor and report its carbon emissions, aligning with industry standards for climate accountability. As a leading insurance provider headquartered in Switzerland (CH), Baloise is positioned to influence sustainable practices within the financial services sector, although specific reduction strategies remain unspecified.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2020202120222023
Scope 1
1,141.68
0,000.00
0,000,000
0,000,000
Scope 2
690.99
000
0,000,000
000,000
Scope 3
-
-
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Baloise's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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. Baloise is headquartered in CH, 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.

Baloise 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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