Covea
Covea, officially known as Covea Insurance, is a prominent player in the UK insurance industry, headquartered in Great Britain. Established in 2013, the company has rapidly evolved, focusing on providing a diverse range of insurance solutions, including life, health, and general insurance products. Covea distinguishes itself through its commitment to customer-centric services and innovative insurance solutions tailored to meet the unique needs of its clients. With a strong operational presence across the UK, Covea has garnered a reputation for reliability and excellence, achieving significant milestones in customer satisfaction and market growth. As a trusted name in the insurance sector, Covea continues to enhance its market position, striving to deliver exceptional value and service to its customers.
DitchCarbon Score
How does Covea'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
Covea's score of 27 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Covea's reported carbon emissions
In 2022, Covea reported total carbon emissions of approximately 34,328,000 kg CO2e from Scope 3, alongside 20,394,000 kg CO2e from Scope 1 and 1,613,000 kg CO2e from Scope 2. This indicates a significant reliance on indirect emissions, particularly from business travel and capital goods, which accounted for 27,940,000 kg CO2e and 15,641,000 kg CO2e, respectively. Covea has not specified any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company is actively monitoring its emissions, as evidenced by its detailed reporting on energy-related greenhouse gas emissions per square metre, which stood at 13,170 kg CO2e in 2022. Overall, while Covea has made strides in emissions reporting, the absence of defined reduction targets highlights an area for potential improvement in its climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | |
|---|---|---|
| Scope 1 | - | 00,000,000 |
| Scope 2 | - | 0,000,000 |
| Scope 3 | 28,336,295,000 | 00,000,000 |
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.
Covea is not committed to any reduction initiatives 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.
