GP Reinsurance EAD, a prominent player in the reinsurance industry, is headquartered in Italy and operates extensively across Europe and beyond. Founded in 2005, the company has established itself as a trusted provider of innovative reinsurance solutions, catering to a diverse range of sectors including life, health, and property insurance. Specialising in tailored reinsurance products, GP Reinsurance stands out for its commitment to client-centric services and robust risk management strategies. The company has achieved significant milestones, including strategic partnerships and a growing portfolio that enhances its market position. With a focus on sustainability and technological advancement, GP Reinsurance EAD continues to lead in delivering unique solutions that meet the evolving needs of the insurance market.
How does GP Reinsurance EAD'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.
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.
GP Reinsurance EAD's score of 18 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, GP Reinsurance EAD reported total carbon emissions of approximately 103,592,860 kg CO2e. This figure includes 9,724,920 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 3,373,800 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 90,494,140 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions that occur in the value chain. Currently, GP Reinsurance EAD has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. As such, their climate commitments remain unclear within the context of industry standards. The absence of defined reduction strategies highlights a potential area for improvement in their sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | |
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Scope 1 | 9,724,920 |
Scope 2 | 3,373,800 |
Scope 3 | 90,494,140 |
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.
GP Reinsurance EAD is not committed to any 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.