General Reinsurance AG
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.
-5 vs industry average
General Reinsurance AG’s score of 34 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
General Reinsurance AG's reported carbon emissions
General Reinsurance AG, headquartered in Germany and operating within the insurance and pension funding services sector, reported its environmental data for 2024. The company's total reported emissions for the year were approximately 2,341,000,000 kg CO2e.
Breaking this down, Scope 1 emissions were approximately 1,047,000 kg CO2e, and Scope 2 emissions (market-based) totalled approximately 732,490 kg CO2e. Scope 3 emissions represented the vast majority, amounting to approximately 2,333,925,270 kg CO2e. Within Scope 3, business travel accounted for approximately 2,532,490 kg CO2e, while fuel and energy-related activities contributed approximately 123,190 kg CO2e.
General Reinsurance AG's emissions data for 2024 is cascaded from its parent organisation, Berkshire Hathaway Inc., which is listed as the source for CDP and CA100 initiatives at cascade level 3. The company's climate commitments and specific reduction targets are not detailed within the provided information. However, their disclosures include upstream emissions data, indicating a focus on understanding their supply chain impact.
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General Reinsurance AG’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for General Reinsurance AG yet.
Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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