Gothaer Allgemeine Versicherung AG Sustainability Profile
Gothaer Allgemeine Versicherung AG, commonly referred to as Gothaer, is a prominent insurance provider headquartered in Cologne, Germany. Established in 1820, the company has a rich history and has evolved into a key player in the insurance industry, offering a diverse range of products and services across Germany and beyond. Gothaer specialises in various sectors, including property, liability, health, and life insurance, catering to both individual and corporate clients. Its unique approach combines innovative solutions with a strong customer focus, setting it apart in a competitive market. With a commitment to sustainability and digital transformation, Gothaer has achieved notable milestones, reinforcing its position as a trusted insurer in the German market.
DitchCarbon Score
How does Gothaer Allgemeine Versicherung AG'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
Gothaer Allgemeine Versicherung AG's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gothaer Allgemeine Versicherung AG, headquartered in Germany, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Gothaer Versicherungsbank VVaG, which may influence its climate-related initiatives and commitments. Despite the lack of direct emissions data, Gothaer Allgemeine Versicherung AG is part of a broader corporate family that engages in various climate initiatives. The company has not publicly disclosed specific reduction targets or commitments through frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). As a current subsidiary, Gothaer Allgemeine Versicherung AG may align its climate strategies with those of Gothaer Versicherungsbank VVaG, which could include industry-standard practices for reducing carbon footprints and enhancing sustainability. However, without specific data or targets, the details of their climate commitments remain vague. In summary, while Gothaer Allgemeine Versicherung AG is involved in the insurance sector's climate efforts, concrete emissions data and reduction targets are currently unavailable, reflecting a need for further transparency in their environmental impact reporting.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 5,083,500 | 0,000,000 |
| Scope 2 | 336,100 | 000,000 |
| Scope 3 | 7,909,400 | 0,000,000 |
How Carbon Intensive is Gothaer Allgemeine Versicherung AG's Industry?
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Gothaer Allgemeine Versicherung AG's Scope 3 Categories Breakdown
Gothaer Allgemeine Versicherung AG's Scope 3 emissions, which decreased by 23% last year and decreased by approximately 23% since 2020, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 45% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 56% of Scope 3 emissions.
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Gothaer Allgemeine Versicherung AG's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Gothaer Allgemeine Versicherung AG has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
