Euler Hermes Group, S.A.S Sustainability Profile
Euler Hermes Group, S.A.S., a prominent player in the credit insurance industry, is headquartered in France and operates extensively across Europe, Asia, and the Americas. Founded in 1917, the company has established itself as a leader in trade credit insurance, risk management, and related financial services, providing businesses with essential tools to mitigate risks associated with trade. With a comprehensive suite of products, including credit insurance, bonding, and collections services, Euler Hermes stands out for its innovative approach to risk assessment and customer support. The company’s commitment to leveraging advanced data analytics and technology enhances its ability to offer tailored solutions that meet the diverse needs of its clients. Recognised for its strong market position, Euler Hermes continues to achieve notable milestones, reinforcing its reputation as a trusted partner in securing business growth and stability.
DitchCarbon Score
How does Euler Hermes Group, S.A.S'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 Insurance 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
Euler Hermes Group, S.A.S's score of 56 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Euler Hermes Group, S.A.S, headquartered in France, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Allianz SE, which influences its climate commitments and initiatives. While there are no documented reduction targets or specific climate pledges from Euler Hermes Group, it inherits sustainability initiatives from its parent company, Allianz SE. This includes participation in the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all of which are cascaded from Allianz SE at a third-level relationship. As part of its corporate family, Euler Hermes Group aligns with Allianz SE's broader climate strategies, which aim to enhance sustainability and reduce carbon footprints across its operations. However, specific targets or achievements related to emissions reductions have not been disclosed at this time. In summary, while Euler Hermes Group, S.A.S does not provide direct emissions data or reduction targets, it is positioned within a corporate structure that prioritises climate action through its parent company, Allianz SE.
How Carbon Intensive is Euler Hermes Group, S.A.S's Industry?
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Euler Hermes Group, S.A.S's Climate Goals (2030 & 2050)
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.
Euler Hermes Group, S.A.S 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.
