Cigna Global Reinsurance Company Ltd. Sustainability Profile
Cigna Global Reinsurance Company Ltd., commonly referred to as Cigna Re, is a prominent player in the reinsurance industry, headquartered in Bermuda (BM). Established in 1999, the company has made significant strides in providing innovative reinsurance solutions across various operational regions, including North America, Europe, and Asia. Specialising in life, health, and accident reinsurance, Cigna Re distinguishes itself through its comprehensive risk management services and tailored products designed to meet the unique needs of its clients. With a strong market position, the company has achieved notable milestones, including strategic partnerships and a robust portfolio that enhances its competitive edge. Cigna Re's commitment to excellence and customer-centric approach solidify its reputation as a trusted partner in the global reinsurance landscape.
DitchCarbon Score
How does Cigna Global Reinsurance Company Ltd.'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 Coal Tar Production 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
Cigna Global Reinsurance Company Ltd.'s score of 56 is higher 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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Cigna Global Reinsurance Company Ltd., headquartered in Bermuda (BM), currently does not report specific carbon emissions data, as no emissions figures are available. The company is a current subsidiary of The Cigna Group, which cascades its climate commitments and initiatives down to its subsidiaries. While Cigna Global Reinsurance Company Ltd. does not have its own documented reduction targets, it aligns with the broader sustainability efforts of The Cigna Group. This includes participation in initiatives such as the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and RE100, which aim to drive significant reductions in greenhouse gas emissions across the corporate family. As part of its commitment to climate action, Cigna Group has set ambitious targets to reduce emissions, although specific figures for Cigna Global Reinsurance Company Ltd. are not disclosed. The company is expected to adhere to these overarching commitments, contributing to the collective goal of reducing carbon footprints within the insurance and reinsurance sectors.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,737,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 2 | 75,874,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 3 | 25,072,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000,000 | 000,000 |
How Carbon Intensive is Cigna Global Reinsurance Company Ltd.'s Industry?
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Cigna Global Reinsurance Company Ltd.'s Scope 3 Categories Breakdown
Cigna Global Reinsurance Company Ltd.'s Scope 3 emissions, which decreased by 100% last year and decreased by approximately 98% since 2013, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Employee Commuting" representing nearly all of their reported Scope 3 footprint.
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Cigna Global Reinsurance Company Ltd.'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.
Cigna Global Reinsurance Company Ltd. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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