Baloise

Baloise's reported carbon emissions

Baloise, headquartered in Switzerland (CH), has reported significant progress in reducing its carbon footprint. In 2024, the company's total reported emissions were approximately 1.61 billion kg CO2e. This figure comprises Scope 1 emissions of about 4.79 million kg CO2e, Scope 2 emissions of approximately 0.62 million kg CO2e (market-based), and substantial Scope 3 emissions totalling around 1.58 billion kg CO2e. The majority of these Scope 3 emissions, approximately 1.49 billion kg CO2e, are attributed to investments. Baloise has set ambitious climate targets, aiming to reduce its operational emissions (Scopes 1 and 2) by 25% by 2030, using 2022 as the baseline year. The company has also achieved notable reductions in the past, cutting absolute CO2 emissions by 73.4% between 2000 and 2016, and CO2 emissions per employee by 32.5% over the same period. It is important to note that Baloise's emissions data is cascaded from its parent company, Baloise Holding AG, as it is a current subsidiary. This means that the reported data reflects the consolidated emissions of the corporate family.