COVEA

Covéa, a French insurance and pension funding services provider, reported a total of approximately 7.64 billion kg CO2e in carbon emissions for the 2024 reporting year. This figure encompasses Scope 1, 2, and 3 emissions.

In 2024, Scope 3 emissions constituted the vast majority of Covéa's carbon footprint, amounting to approximately 7.63 billion kg CO2e. Within Scope 3, investments were the largest contributor, accounting for about 7.50 billion kg CO2e. Other significant Scope 3 categories included purchased goods and services at approximately 83.7 million kg CO2e, employee commute at about 21.4 million kg CO2e, and capital goods at approximately 12.6 million kg CO2e. Scope 1 emissions were approximately 6.58 million kg CO2e, and Scope 2 emissions were around 3.28 million kg CO2e.

For the 2023 reporting year, Covéa reported a total of approximately 59.4 million kg CO2e. Scope 3 emissions were approximately 52.27 million kg CO2e, Scope 1 emissions were about 2.97 million kg CO2e, and Scope 2 emissions totalled approximately 4.16 million kg CO2e.

In 2022, Covéa reported Scope 1 and 2 emissions of approximately 7.43 million kg CO2e. The total emissions for this year were approximately 56.34 million kg CO2e, with Scope 3 emissions making up the remainder.

Covéa's climate commitments and reduction targets are not detailed in the provided information, beyond general disclosures in their sustainability reports. The organisation does not currently appear to have set specific science-based targets or joined global climate initiatives such as the Climate Pledge. Emissions data is directly reported by Covéa and is not cascaded from a parent organisation.