ERGO Group AG, a prominent player in the insurance industry, is headquartered in Düsseldorf, Germany. Founded in 1997, the company has established itself as a key provider of life, health, and property insurance solutions across Europe, with significant operations in Germany and several other countries. The company offers a diverse range of products and services, including innovative digital insurance solutions that cater to the evolving needs of customers. ERGO's commitment to customer-centricity and sustainability sets it apart in a competitive market. With a strong market position, ERGO Group AG has achieved notable milestones, including recognition for its comprehensive service offerings and customer satisfaction. As part of the Munich Re Group, ERGO continues to leverage its expertise to deliver exceptional value in the insurance sector.
How does ERGO Group AG'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.
Mean score of companies in the Coal Tar Production 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.
ERGO Group AG's score of 51 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
ERGO Group AG, headquartered in Germany, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München, from which it inherits emissions data and performance metrics. As of now, ERGO Group AG has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests that the company may still be in the early stages of formalising its climate commitments. While no specific emissions figures are provided, ERGO Group AG's climate strategy may align with broader industry trends, focusing on sustainability and carbon footprint reduction. The company is likely to benefit from the initiatives and performance metrics of its parent organisation, Münchener Rückversicherungs-Gesellschaft, which may influence its future climate actions and reporting. In summary, ERGO Group AG is currently without specific emissions data or reduction targets, relying on its relationship with Münchener Rückversicherungs-Gesellschaft for guidance in its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 58,929,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 
| Scope 2 | 77,700,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 
| Scope 3 | 32,012,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 
ERGO Group AG's Scope 3 emissions, which increased by 140% last year and increased significantly since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 100% of Scope 3 emissions.
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.
ERGO Group AG 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.