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 41 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. In 2021, Ethias's total emissions were approximately 4,339,000 kg CO2e, with Scope 1 emissions at 2,580,000 kg CO2e, Scope 2 emissions at 9,000 kg CO2e, and Scope 3 emissions at 1,750,000 kg CO2e. This indicates a significant reduction in total emissions over the two-year period. Ethias has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). The company is a member of the BA1.5 group, which signifies its commitment to ambitious climate action. Ethias's long-term strategy includes comprehensive measures across all scopes of emissions, reflecting its dedication to sustainability within 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 participating in some 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.
