CG Car-Garantie Versicherungs-AG Sustainability Profile
CG Car-Garantie Versicherungs-AG, headquartered in Germany, is a leading provider of warranty and insurance solutions within the automotive industry. Established in 1997, the company has made significant strides in offering innovative products that cater to both dealers and customers across Europe. Specialising in vehicle warranty services, CG Car-Garantie stands out for its comprehensive coverage options and exceptional customer service. Their core offerings include extended warranties, service contracts, and insurance solutions tailored to meet the diverse needs of the automotive market. With a strong market position, CG Car-Garantie has earned a reputation for reliability and excellence, making it a trusted partner for automotive businesses. The company continues to expand its operational reach, solidifying its status as a key player in the automotive warranty sector.
DitchCarbon Score
How does CG Car-Garantie Versicherungs-AG'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
CG Car-Garantie Versicherungs-AG's score of 20 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CG Car-Garantie Versicherungs-AG, headquartered in Germany, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Gothaer Versicherungsbank VVaG, which may influence its climate strategy and commitments. Despite the lack of direct emissions data, CG Car-Garantie Versicherungs-AG is part of a corporate family that may have established climate initiatives. However, there are no documented reduction targets or climate pledges available for this subsidiary. The absence of specific targets or commitments suggests that the company may still be in the early stages of developing its climate action strategy. As a subsidiary, CG Car-Garantie Versicherungs-AG's climate commitments may align with those of Gothaer Versicherungsbank VVaG, but further details on specific initiatives or targets are not provided. The company’s approach to sustainability and emissions reduction remains unclear without concrete data or commitments.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 5,083,500 | 0,000,000 |
| Scope 2 | 336,100 | 000,000 |
| Scope 3 | 7,909,400 | 0,000,000 |
How Carbon Intensive is CG Car-Garantie Versicherungs-AG's Industry?
How Carbon Intensive is CG Car-Garantie Versicherungs-AG's Location?
CG Car-Garantie Versicherungs-AG's Scope 3 Categories Breakdown
CG Car-Garantie Versicherungs-AG's Scope 3 emissions, which decreased by 23% last year and decreased by approximately 23% since 2020, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 45% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 56% of Scope 3 emissions.
Top Scope 3 Categories
CG Car-Garantie Versicherungs-AG's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
CG Car-Garantie Versicherungs-AG has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
