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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 approximately 2.336 billion kg CO2e in total carbon emissions for 2024.
Breaking this down, their Scope 1 emissions were about 1.047 million kg CO2e, and Scope 2 market-based emissions were approximately 732,490 kg CO2e. Scope 3 emissions, which represent the majority, totalled around 2.334 billion kg CO2e. Key contributors to their Scope 3 emissions included about 2.532 million kg CO2e from business travel, approximately 419,350 kg CO2e from capital goods, and around 409,980 kg CO2e from employee commuting. This data is directly reported by General Reinsurance AG.
While General Reinsurance AG discloses its emissions, no specific reduction targets or climate pledges, such as SBTi validated targets or participation in The Climate Pledge, are available for the organisation itself. However, data regarding its CDP and CA100+ initiatives are cascaded from its ultimate parent, Berkshire Hathaway Inc.
No climate goals have been disclosed for General Reinsurance AG yet.
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