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General Reinsurance AG, commonly referred to as Gen Re, is a leading global reinsurance company headquartered in Germany. Established in 1846, Gen Re has built a strong reputation in the insurance and pension funding services sector, specifically focusing on non-compulsory social security services. With a significant presence in Europe, North America, and Asia, the company offers a diverse range of products, including property and casualty reinsurance, life reinsurance, and health reinsurance.
Gen Re is renowned for its innovative solutions and risk management expertise, which set it apart in a competitive market. The company has achieved notable milestones, including its integration into Berkshire Hathaway in 1998, further solidifying its market position. With a commitment to excellence and a client-centric approach, General Reinsurance AG continues to be a trusted partner for insurers worldwide.
-7 vs industry average
General Reinsurance AG’s score of 32 is lower than 43% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Insurance Services is among the least carbon-intensive industries
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
General Reinsurance AG, an insurance and pension funding services provider headquartered in Germany, reported its 2024 carbon emissions. In 2024, the company's Scope 1 emissions were approximately 1,047,000 kg CO2e, and its Scope 2 emissions (market-based) were around 732,490 kg CO2e. Scope 3 emissions totalled approximately 2,333,925,270 kg CO2e, with significant contributions from categories such as business travel (about 2,532,490 kg CO2e), employee commute (approximately 409,980 kg CO2e), and capital goods (around 419,350 kg CO2e).
Although General Reinsurance AG does not have specific reduction targets listed, its emissions data is directly reported by the company. Furthermore, its climate disclosure and performance are influenced by its relationship with its ultimate parent company, Berkshire Hathaway Inc.
No climate goals have been disclosed for General Reinsurance AG yet.
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