Gjensidige
Gjensidige Forsikring ASA, commonly known as Gjensidige, is a leading insurance company headquartered in Oslo, Norway. Established in 1816, Gjensidige has a rich history and has evolved into a prominent player in the Nordic insurance market, providing a wide range of services across Norway and other major regions in Scandinavia. Specialising in general insurance, Gjensidige offers products such as property, casualty, and health insurance, distinguished by their customer-centric approach and innovative solutions. The company has achieved significant milestones, including a strong market position as one of Norway's largest insurers, recognised for its financial stability and commitment to sustainability. Gjensidige continues to set industry standards, making it a trusted choice for individuals and businesses seeking reliable insurance coverage.
DitchCarbon Score
How does Gjensidige'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
Gjensidige's score of 65 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Gjensidige's reported carbon emissions
In 2023, Gjensidige reported total carbon emissions of approximately 528,674,000 kg CO2e, with Scope 1 emissions at about 319,000 kg CO2e, Scope 2 emissions at approximately 340,000 kg CO2e, and a significant Scope 3 contribution of around 528,015,000 kg CO2e. This reflects a commitment to reducing emissions across all scopes, with a target to achieve a 75% reduction from 2019 levels by 2025, in line with the Science Based Targets initiative (SBTi). In 2022, Gjensidige's total emissions were approximately 495,823,000 kg CO2e, indicating a trend towards increased emissions, particularly in Scope 3, which encompasses business travel and purchased goods and services. The company aims for net zero greenhouse gas emissions in its investment portfolios by 2050, reinforcing its long-term sustainability goals. Gjensidige's reduction initiatives include a commitment to responsible investments and a near-term target to cut emissions in accordance with SBTi guidelines. The company has set a comprehensive strategy to cover 89% of its total investment and lending by financed emissions, ensuring that required activities dominate its portfolio. Overall, Gjensidige is actively working towards significant emissions reductions and sustainable investment practices, aligning with global climate goals.
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Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | - | 000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 1,475,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Gjensidige is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
