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Insurance Services
AU
updated 6 months ago

Cover-More Group Limited

Company website

Cover-More Group Limited, commonly referred to as Cover-More, is a leading provider of travel insurance and assistance services, headquartered in Australia. Established in 1986, the company has grown to become a prominent player in the travel insurance industry, serving customers across Australia and New Zealand, as well as expanding its reach into Asia and Europe. Cover-More offers a range of unique products, including comprehensive travel insurance policies and emergency assistance services, designed to cater to the diverse needs of travellers. The company is recognised for its commitment to customer service and innovative solutions, which have solidified its market position. With a focus on providing peace of mind for travellers, Cover-More continues to achieve notable milestones in the insurance sector, making it a trusted choice for millions.

DitchCarbon Score

How does Cover-More Group Limited'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.

73

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.

29

Industry Benchmark

Cover-More Group Limited's score of 73 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

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Cover-More Group Limited's reported carbon emissions

Inherited from Zurich Insurance Group AG

Cover-More Group Limited, headquartered in Australia, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Zurich Insurance Group AG, and as such, it inherits emissions data and climate commitments from its parent organisation. Cover-More Group Limited's climate initiatives and reduction targets are aligned with those of Zurich Insurance Group AG, which operates at a cascade level of 3. This includes commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP). However, specific reduction targets or achievements for Cover-More Group Limited have not been disclosed. As a subsidiary, Cover-More Group Limited is expected to adhere to the sustainability and climate strategies set forth by Zurich Insurance Group AG, which may include broader industry-standard climate commitments. Without specific emissions data or reduction targets, the company's current climate impact remains unclear.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
Scope 1
20,285,000
00,000,000
00,000,000
-
00,000,000
00,000,000
Scope 2
-
00,000,000
0,000,000
-
-
-
Scope 3
132,515,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cover-More Group Limited's primary industry is Insurance and pension funding services, except compulsory social security services (66), 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. This request for Cover-More Group Limited is in AU, which has a very high grid carbon intensity relative to other regions.

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.

Cover-More Group Limited is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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