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 67 is higher than 82% 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 2024, Ethias reported total carbon emissions of approximately 3,427,858,340 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 3,419,086,580 kg CO2e. Scope 1 emissions were about 8,537,550 kg CO2e, while Scope 2 emissions totalled approximately 234,210 kg CO2e (market-based). In 2023, Ethias's emissions in Belgium were reported at about 10,751,000 kg CO2e, with Scope 1 emissions at approximately 2,330,000 kg CO2e, Scope 2 at about 37,000 kg CO2e, and Scope 3 emissions at around 8,384,000 kg CO2e. Ethias has set ambitious climate commitments, including a target to achieve a 70% reduction in absolute GHG emissions (Scope 1 and 2) by 2030, using 2023 as the baseline year. Additionally, the company has committed to reaching net-zero emissions by 2050, as part of its alignment with the Science Based Targets initiative (SBTi). Furthermore, Ethias aims for a 51% reduction in GHG emissions per square metre from its property investment portfolio by 2029. Ethias's emissions data is not cascaded from any parent organization, and all reported figures are derived directly from Ethias SA. The company is actively working towards its climate goals, reflecting a strong commitment to sustainability within the financial and insurance sectors.
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| 2021 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,580,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 9,000 | 000,000 | 000,000 |
| Scope 3 | 1,750,000 | 00,000,000 | 0,000,000,000 |
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.
