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 72 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 2024, Gjensidige reported total carbon emissions of approximately 501,408,000 kg CO2e, with Scope 1 emissions at about 434,000 kg CO2e, Scope 2 emissions (market-based) at approximately 438,000 kg CO2e, and a significant Scope 3 total of about 500,536,000 kg CO2e. This represents a slight decrease from 2023, where total emissions were approximately 528,674,000 kg CO2e, with Scope 1 at about 319,000 kg CO2e, Scope 2 (market-based) at around 340,000 kg CO2e, and Scope 3 at approximately 528,015,000 kg CO2e. Gjensidige has set ambitious climate commitments, aiming for a 75% reduction in Scope 1, 2, and 3 emissions by 2025, using 2019 as the baseline year. Additionally, they are targeting a 90% reduction in emissions from their own operations (Scope 1 and 2) by 2030, with residual emissions to be offset. The company is also 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 within the financial sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 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.
