ERC Frankona Ruckverischerungs Aktien Gesellschaft Sustainability Profile
ERC Frankona Rückversicherungs Aktiengesellschaft, commonly known as ERC Frankona, is a prominent player in the reinsurance industry, headquartered in Germany. Established in the early 1990s, the company has carved a niche in providing innovative reinsurance solutions across Europe and beyond, focusing on property, casualty, and life reinsurance sectors. With a commitment to excellence, ERC Frankona offers a range of unique products and services tailored to meet the diverse needs of its clients. The firm is recognised for its strong market position, leveraging advanced risk assessment techniques and a customer-centric approach. Over the years, ERC Frankona has achieved significant milestones, solidifying its reputation as a trusted partner in the reinsurance landscape.
DitchCarbon Score
How does ERC Frankona Ruckverischerungs Aktien Gesellschaft'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 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
ERC Frankona Ruckverischerungs Aktien Gesellschaft's score of 19 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ERC Frankona Ruckverischerungs Aktien Gesellschaft, headquartered in Germany, currently does not have specific carbon emissions data available for recent years. The company is part of a corporate family that includes Swiss Re AG, from which it inherits its climate commitments and initiatives. As a merged entity, ERC Frankona's climate strategy is influenced by its parent company, Swiss Re AG. This includes participation in various climate initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are cascaded from Swiss Re AG at a sixth-level relationship. However, specific reduction targets or achievements have not been disclosed for ERC Frankona itself. The absence of direct emissions data suggests that ERC Frankona is still in the process of establishing its own climate metrics, while aligning with the broader sustainability goals set by its parent company. As the insurance industry increasingly focuses on climate resilience and carbon neutrality, ERC Frankona is expected to adopt similar commitments in the future.
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| 2017 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 10,255,000 |
| Scope 3 | - |
How Carbon Intensive is ERC Frankona Ruckverischerungs Aktien Gesellschaft's Industry?
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ERC Frankona Ruckverischerungs Aktien Gesellschaft'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.
ERC Frankona Ruckverischerungs Aktien Gesellschaft has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
