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 67 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gjensidige's reported carbon emissions
In 2023, Gjensidige reported total carbon emissions of approximately 528,674,000 kg CO2e, with emissions distributed across various scopes: 319,000 kg CO2e from Scope 1, 340,000 kg CO2e from Scope 2, and a significant 528,015,000 kg CO2e from Scope 3. This represents a continued commitment to transparency in their emissions reporting, covering all relevant scopes. Gjensidige has set ambitious climate targets, aiming for a 75% reduction in Scope 1, 2, and 3 emissions by 2025, using 2019 as the baseline year. This target aligns with the Science Based Targets initiative (SBTi) and reflects their commitment to responsible investments, including achieving net zero greenhouse gas emissions in their investment portfolios by 2050. The company has made substantial progress in its emissions reduction initiatives, with a focus on integrating sustainability into its operations and investment strategies. As of 2022, Gjensidige's portfolio targets covered 89% of its total investment and lending by financed emissions, demonstrating a proactive approach to managing climate impact. Gjensidige's long-term strategy includes a commitment to net zero emissions across all scopes by 2050, reinforcing its role as a leader in the financial sector's response to climate change.
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| 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 participating in some of the initiatives that 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.
