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.
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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 Scope 3 emissions reaching around 528,015,000 kg CO2e. This represents a significant increase from 2022, where total emissions were about 495,823,000 kg CO2e. Gjensidige has set ambitious climate commitments, aiming for a 75% reduction in total emissions (Scopes 1, 2, and 3) by 2025, using 2019 as the baseline year. Additionally, the company is committed to achieving net zero greenhouse gas emissions in its investment portfolios by 2050. These targets align with the Science Based Targets initiative (SBTi) and reflect Gjensidige's commitment to responsible investments and sustainable practices. The company’s emissions profile indicates a heavy reliance on Scope 3 emissions, particularly from purchased goods and services, which accounted for a substantial portion of their total emissions. Gjensidige's ongoing efforts to reduce its carbon footprint are crucial in the context of the financial sector's increasing focus on sustainability and climate risk management.
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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.
