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Hannover Rück SE Canadian Branch
Hannover Rück SE Canadian Branch, a subsidiary of Hannover Re, is a prominent player in the reinsurance industry, headquartered in Canada. Established in 1966, the company has built a strong reputation for its innovative solutions in property and casualty reinsurance, life and health reinsurance, and specialty lines. With a focus on delivering tailored products and services, Hannover Rück SE stands out for its commitment to client partnerships and risk management expertise. Operating primarily in major Canadian markets, Hannover Rück SE has achieved significant milestones, including consistent growth and a robust market position. The company is recognised for its financial strength and stability, making it a trusted choice for insurers seeking comprehensive reinsurance solutions. With a dedication to excellence and a forward-thinking approach, Hannover Rück SE continues to shape the future of the reinsurance landscape in Canada and beyond.
DitchCarbon Score
How does Hannover Rück SE Canadian Branch'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 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
Hannover Rück SE Canadian Branch's score of 23 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hannover Rück SE Canadian Branch currently does not report any specific carbon emissions data, as there are no available figures for the most recent year. The branch is a current subsidiary of Hannover Rück SE, which is responsible for cascading emissions data and climate commitments. As of now, there are no documented reduction targets or climate pledges specific to the Canadian Branch. However, emissions data and performance metrics are inherited from its parent company, Hannover Rück SE, at a cascade level of 1. This means that any climate initiatives or targets would be aligned with those set by Hannover Rück SE, although specific details are not provided in the available data. In the context of the insurance and reinsurance industry, companies like Hannover Rück SE are increasingly focusing on sustainability and climate resilience. While specific commitments from the Canadian Branch are not detailed, the overarching corporate strategy likely includes efforts to address climate change and reduce carbon footprints in line with industry standards.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 510,130 | 000,000 |
| Scope 2 | 1,658,180 | 0,000,000 |
| Scope 3 | 14,500,150 | 00,000,000 |
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.
Hannover Rück SE Canadian Branch is not participating in any 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.
