Public Profile

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.

49

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Gjensidige's score of 49 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Gjensidige's reported carbon emissions

In 2023, Gjensidige reported total carbon emissions of approximately 509,102,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 508,443,000 kg CO2e. The company 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. 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. In previous years, Gjensidige's emissions were notably high, with 2022 emissions reaching approximately 495,823,000 kg CO2e and 2021 emissions at about 249,080,000 kg CO2e. The company has made strides in reducing its carbon footprint, particularly in its operational emissions, which totalled around 659,000 kg CO2e in 2023. Gjensidige's ongoing efforts demonstrate a proactive approach to climate action within the financial and insurance sectors, reinforcing their commitment to sustainability and environmental responsibility.

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Add to project
2017201820192020202120222023
Scope 1
-
0,000,000
000,000
000,000
000,000
000,000
-
Scope 2
4,660,000
0,000,000
0,000,000
0,000,000
000,000
000,000
000,000
Scope 3
2,009,000
00,000,000
00,000,000
00,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Gjensidige's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Gjensidige is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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 committed to some reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers