Public Profile

Ethias

Ethias, officially known as Ethias SA, is a prominent insurance company headquartered in Belgium (BE). Established in 1907, Ethias has evolved into a key player in the insurance industry, primarily serving the Belgian market with a focus on life, health, and property insurance. The company is renowned for its commitment to customer-centric solutions and innovative insurance products tailored to meet diverse client needs. With a strong presence across major operational regions in Belgium, Ethias has achieved significant milestones, including the introduction of digital services that enhance customer experience. Its unique offerings, such as comprehensive coverage options and competitive pricing, position Ethias as a trusted choice for individuals and businesses alike. The company’s dedication to sustainability and social responsibility further solidifies its reputation in the market, making it a notable leader in the Belgian insurance landscape.

DitchCarbon Score

How does Ethias'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.

19

Industry Average

Mean score of companies in the Other 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.

11

Industry Benchmark

Ethias's score of 19 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

Ethias's reported carbon emissions

In 2023, Ethias reported total carbon emissions of approximately 1,839,133,000 kg CO2e. This figure includes Scope 1 emissions of about 1,290,642,000 kg CO2e, Scope 2 emissions of approximately 23,857,000 kg CO2e, and Scope 3 emissions totalling around 524,634,000 kg CO2e. In 2021, Ethias's total emissions were about 4,339,000 kg CO2e, with Scope 1 emissions at approximately 2,580,000 kg CO2e, Scope 2 emissions around 9,000 kg CO2e, and Scope 3 emissions of about 1,750,000 kg CO2e. This indicates a significant reduction in emissions over the two years, particularly in Scope 1 and Scope 3 categories. Ethias has committed to achieving net-zero emissions by 2050, with a long-term target set in 2023. This commitment encompasses all scopes of emissions, aligning with the Science Based Targets initiative (SBTi) framework. The company is actively working towards these goals as part of its broader climate strategy within the financial and insurance sector.

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Add to project
20212023
Scope 1
2,580,000
0,000,000,000
Scope 2
9,000
00,000,000
Scope 3
1,750,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ethias's primary industry is Other services (93), which is 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. Ethias is headquartered in BE, 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.

Ethias is committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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