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.
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.
Industry Benchmark
Baloise's score of 65 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Baloise's reported carbon emissions
In 2024, Baloise reported total carbon emissions of approximately 1,583,000,000 kg CO2e, with emissions distributed across various scopes: 4,785,000 kg CO2e (Scope 1), 616,000 kg CO2e (Scope 2, market-based), and a significant 1,578,820,000 kg CO2e (Scope 3). The previous year, 2023, saw total emissions of about 83,121,000 kg CO2e, with Scope 1 emissions at 4,078,000 kg CO2e and Scope 2 emissions at 632,000 kg CO2e (market-based). Baloise has set ambitious reduction targets, aiming for a 25% decrease in both Scope 1 and Scope 2 emissions by 2030, compared to 2022 levels. This commitment reflects their ongoing efforts to enhance sustainability and reduce their carbon footprint. Notably, from 2000 to 2016, Baloise achieved a remarkable 73.4% reduction in absolute CO2 emissions, decreasing from 53,580 tonnes to 14,257 tonnes. The company’s emissions data is sourced directly from Baloise Holding AG, ensuring accuracy and transparency in their reporting. Baloise's climate commitments align with industry standards, demonstrating a proactive approach to addressing climate change and promoting environmental responsibility.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 4,738,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,004,000 | 000,000 | 000,000 |
| Scope 3 | 85,257,000 | 00,000,000 | 0,000,000,000 |
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.
Baloise is not participating in any of the initiatives that 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.
