Public Profile

COVEA

COVEA, a prominent player in the insurance and financial services sector, is headquartered in France and operates extensively across Europe. Founded in 2001, the company has established itself as a leader in mutual insurance, offering a diverse range of products and services tailored to meet the needs of individuals and businesses alike. COVEA's core offerings include life insurance, health coverage, and asset management, distinguished by their customer-centric approach and innovative solutions. The company has achieved significant milestones, including strategic partnerships and expansions that have solidified its market position. With a commitment to sustainability and social responsibility, COVEA continues to enhance its reputation as a trusted provider in the insurance industry, making it a noteworthy choice for clients seeking reliable financial protection.

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.

29

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

COVEA's score of 29 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.

77%

COVEA's reported carbon emissions

In 2023, COVEA reported total carbon emissions of approximately 56,037,000 kg CO2e, a significant reduction from about 69,802,000 kg CO2e in 2019. This reduction reflects a decrease in Scope 1 emissions to about 2,811,000 kg CO2e and Scope 2 emissions to approximately 3,600,000 kg CO2e. However, Scope 3 emissions remain the largest contributor, accounting for about 49,626,000 kg CO2e in 2023. COVEA has not specified any formal reduction targets or climate pledges, indicating a potential area for future commitment. The company’s ongoing efforts to lower emissions demonstrate a proactive approach to climate responsibility, aligning with industry standards for sustainability.

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20192023
Scope 1
5,205,000
0,000,000
Scope 2
5,224,000
0,000,000
Scope 3
59,373,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. COVEA's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. COVEA is headquartered in FR, which has a rank of very low, indicating very low grid carbon 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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