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 59 is higher than 80% 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. This includes Scope 1 emissions of about 434,000 kg CO2e, Scope 2 emissions of approximately 438,000 kg CO2e (market-based), and a significant Scope 3 contribution of around 500,536,000 kg CO2e. The previous year, 2023, saw total emissions of about 528,674,000 kg CO2e, with Scope 1 at approximately 319,000 kg CO2e, Scope 2 at around 340,000 kg CO2e (market-based), and Scope 3 at about 528,015,000 kg CO2e. Gjensidige has set ambitious climate commitments, aiming for net zero emissions across its investment portfolios by 2050. This target encompasses all scopes of emissions and is part of their long-term strategy to align with the Science Based Targets initiative (SBTi). As of 2022, their portfolio targets covered 89% of total investment and lending by financed emissions, with required activities making up 88% of this total. The company is committed to reducing its carbon footprint and has established near-term targets consistent with limiting global warming to 1.5°C. Gjensidige's efforts reflect a proactive approach to sustainability within the financial services sector, particularly in insurance, as they work towards significant reductions in greenhouse gas emissions.
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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 | - | 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.
