Euler Hermes SA Sustainability Profile
Euler Hermes SA, a prominent player in the credit insurance industry, is headquartered in Belgium and operates extensively across Europe, Asia, and the Americas. Founded in 1917, the company has established itself as a leader in trade credit insurance, providing businesses with essential risk management solutions. Specialising in credit insurance, bonding, and collections, Euler Hermes offers unique services that help companies mitigate financial risks associated with trade. Its innovative approach to data analytics and risk assessment sets it apart in the market, enabling clients to make informed decisions. With a strong market position, Euler Hermes has received numerous accolades for its reliability and expertise, solidifying its reputation as a trusted partner for businesses seeking to safeguard their financial interests.
DitchCarbon Score
How does Euler Hermes SA'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 SA'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 SA, headquartered in Belgium, 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 no direct emissions data is available, Euler Hermes SA's climate strategy is aligned with the broader commitments of its parent company, Allianz SE. This includes participation in various sustainability initiatives such as 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 corporate family level. As part of its commitment to sustainability, Euler Hermes SA is expected to adhere to the reduction targets set by Allianz SE, although specific targets for emissions reductions have not been detailed. The company is positioned within an industry increasingly focused on climate action, reflecting a growing recognition of the importance of reducing carbon footprints across all scopes of emissions. In summary, while specific emissions data for Euler Hermes SA is not available, the company is committed to sustainability through its affiliation with Allianz SE and its participation in industry-standard climate initiatives.
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Euler Hermes SA'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 SA 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.
