Gjensidige

Gjensidige's reported carbon emissions

Gjensidige's total carbon emissions for 2025 are approximately 3.94 billion kg CO2e. This includes Scope 1 emissions of around 379,000 kg CO2e, Scope 2 emissions of approximately 282,000 kg CO2e (market-based), and substantial Scope 3 emissions amounting to about 3.94 billion kg CO2e. Scope 3 emissions are dominated by investments, contributing approximately 3.85 billion kg CO2e, followed by purchased goods and services at roughly 79.76 million kg CO2e. In 2024, Gjensidige reported total emissions of approximately 3.42 billion kg CO2e, with Scope 3 emissions being the largest contributor at around 3.42 billion kg CO2e, primarily driven by investments (approximately 3.34 billion kg CO2e). Scope 1 emissions were about 434,000 kg CO2e and Scope 2 emissions were approximately 438,000 kg CO2e (market-based). For 2023, total emissions were approximately 528.67 million kg CO2e, with Scope 3 emissions at about 528.02 million kg CO2e, largely from investments (around 423.31 million kg CO2e). Scope 1 emissions were approximately 319,000 kg CO2e and Scope 2 emissions were about 340,000 kg CO2e (market-based). Gjensidige has a long-term ambition to achieve net zero emissions in its investment portfolios by 2050. The company is committed to the Science Based Targets initiative (SBTi) and is a member of the Business Ambition for 1.5°C campaign. Their SBTi targets aim for net zero across all scopes by 2050. Their near-term targets, set for 2030, are consistent with a 1.5°C warming scenario. As of 2022, Gjensidige's portfolio targets covered 89% of its total investment and lending by all financed emissions.