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.
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.
Industry Benchmark
Ethias's score of 34 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ethias's reported carbon emissions
In 2023, Ethias reported total carbon emissions of approximately 1,839,133,000 kg CO2e. This figure includes 1,290,642,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 23,857,000 kg CO2e from Scope 2 emissions related to purchased electricity. Additionally, Scope 3 emissions accounted for about 524,634,000 kg CO2e, encompassing indirect emissions from the value chain. Ethias has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). This long-term commitment covers all scopes of emissions, reflecting the company's dedication to comprehensive climate action. As part of its strategy, Ethias is a member of the BA1.5 initiative, which aims to limit global warming to 1.5 degrees Celsius. In 2021, Ethias's total emissions were approximately 4,339,000 kg CO2e, indicating a significant reduction in emissions over the subsequent years. The company is actively working towards further reductions and has set a clear path towards sustainability in the financial sector.
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| 2021 | 2023 | |
|---|---|---|
| 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
Location emissions 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 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.
