Helvetia Insurance Sustainability Profile
Helvetia Insurance, officially known as Helvetia Versicherungen, is a prominent player in the insurance industry, headquartered in Switzerland (CH). Established in 1858, the company has evolved significantly, expanding its operations across major regions in Europe, including Germany, Austria, and Italy. Specialising in a diverse range of insurance products, Helvetia offers unique solutions in life, property, and casualty insurance, catering to both individual and corporate clients. The company is recognised for its customer-centric approach and innovative digital services, setting it apart in a competitive market. With a strong market position, Helvetia Insurance has achieved notable milestones, including consistent growth and a reputation for reliability. Its commitment to sustainability and social responsibility further enhances its standing as a trusted insurer in the industry.
DitchCarbon Score
How does Helvetia Insurance'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
Helvetia Insurance's score of 86 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Helvetia Insurance's reported carbon emissions
In 2024, Helvetia Insurance, headquartered in Switzerland (CH), reported total carbon emissions of approximately 45,949,000 kg CO2e. This figure includes 8,631,000 kg CO2e from Scope 1 emissions, 101,000 kg CO2e from Scope 2, and a significant 148,868,000 kg CO2e from Scope 3 emissions. Notably, the company has set ambitious targets to reduce its absolute emissions by 30% by 2030 from a 2022 baseline, with a commitment to achieve net-zero emissions for Scopes 1 and 2 by 2040. In 2024, Helvetia's emissions in Switzerland amounted to about 13,698,000 kg CO2e, with Scope 1 emissions at 1,099,000 kg CO2e and Scope 2 emissions at 101,000 kg CO2e. The company is actively investing in renewable energy solutions, such as photovoltaic systems and e-charging stations, to support its long-term climate strategy. Helvetia's commitment to sustainability is further reflected in its alignment with the Paris Climate Agreement, aiming for net-zero portfolio emissions by 2050. The emissions data is sourced from Helvetia Holding AG, ensuring a comprehensive overview of the company's environmental impact and climate commitments.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,084,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 000,000 |
| Scope 3 | 10,436,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Helvetia Insurance's Industry?
How Carbon Intensive is Helvetia Insurance's Location?
Helvetia Insurance's Scope 3 Categories Breakdown
Helvetia Insurance's Scope 3 emissions, which decreased by 72% last year and increased significantly since 2014, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Investments" being the largest emissions source at 4488% of Scope 3 emissions.
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Helvetia Insurance'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.
Helvetia Insurance has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
