BY die Bayerische Vorsorge Lebensversicherung a.G.
BY die Bayerische Vorsorge Lebensversicherung a.G., headquartered in Germany, is a prominent player in the life insurance industry, specialising in innovative financial solutions. Founded in 1858, the company has established a strong presence across various regions in Germany, focusing on providing comprehensive life insurance and pension products tailored to meet the diverse needs of its clients. With a commitment to customer-centric service, die Bayerische offers unique products such as risk life insurance, retirement plans, and investment-linked policies, distinguished by their flexibility and transparency. The company has achieved notable recognition for its sustainable practices and financial stability, positioning itself as a trusted partner in long-term financial planning. As a mutual insurance company, die Bayerische prioritises the interests of its policyholders, ensuring a strong market position within the competitive landscape of life insurance.
DitchCarbon Score
How does BY die Bayerische Vorsorge Lebensversicherung a.G.'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
BY die Bayerische Vorsorge Lebensversicherung a.G.'s score of 20 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BY die Bayerische Vorsorge Lebensversicherung a.G.'s reported carbon emissions
In 2021, BY die Bayerische Vorsorge Lebensversicherung a.G. reported total carbon emissions of approximately 9,931,000 kg CO2e, comprising 3,029,000 kg CO2e from Scope 1, 956,000 kg CO2e from Scope 2, and 8,931,000 kg CO2e from Scope 3 emissions. The previous year, 2020, saw total emissions of about 12,950,000 kg CO2e, with Scope 1 emissions at 3,020,000 kg CO2e, Scope 2 at 1,068,000 kg CO2e, and Scope 3 at 11,595,000 kg CO2e. This indicates a significant reduction in total emissions from 2020 to 2021, particularly in Scope 3 emissions, which decreased by approximately 2,019,000 kg CO2e. However, BY die Bayerische Vorsorge Lebensversicherung a.G. has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi) for formal climate pledges. The company continues to disclose emissions across all three scopes, reflecting a commitment to transparency in their climate impact.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 3,020,000 | 0,000,000 |
| Scope 2 | 1,068,000 | 000,000 |
| Scope 3 | 11,595,000 | 0,000,000 |
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.
BY die Bayerische Vorsorge Lebensversicherung a.G. 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.
