If P&C Insurance Sustainability Profile
If P&C Insurance, also known as If Skadeförsäkring, is a leading provider of property and casualty insurance headquartered in Sweden. Established in 1996, the company has grown to serve major operational regions across the Nordic countries, including Norway, Finland, and Denmark. Specialising in a wide range of insurance products, If P&C Insurance offers unique solutions in areas such as home, auto, and business insurance. Their commitment to innovation and customer service has positioned them as a market leader, recognised for their comprehensive coverage options and user-friendly digital platforms. With a strong focus on sustainability and risk management, If P&C Insurance continues to achieve notable milestones, reinforcing its reputation as a trusted partner in the insurance industry.
DitchCarbon Score
How does If P&C 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
If P&C Insurance's score of 72 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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If P&C Insurance's reported carbon emissions
In 2024, If P&C Insurance reported total carbon emissions of approximately 346,662,000 kg CO2e, with Scope 1 emissions at about 182,000 kg CO2e, Scope 2 emissions at approximately 1,512,000 kg CO2e (market-based), and Scope 3 emissions reaching about 344,968,000 kg CO2e. This represents a decrease from 2023, where total emissions were approximately 427,126,000 kg CO2e, with Scope 1 at about 192,000 kg CO2e, Scope 2 at approximately 1,516,000 kg CO2e (market-based), and Scope 3 at about 425,418,000 kg CO2e. If P&C Insurance has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 GHG emissions by 42.5% by 2030 from a 2020 baseline. This target is part of their broader strategy to align with climate science, as indicated by their near-term targets classified under the 1.5°C pathway. Additionally, they achieved a long-term target of reducing CO2 emissions by 50% compared to 2008 levels for both Scope 1 and Scope 2 by 2019. The emissions data for If P&C Insurance is cascaded from its parent company, Sampo Oyj, which provides a comprehensive view of their environmental impact. The organization is committed to transparency and accountability in its climate initiatives, reflecting a proactive approach to sustainability within the insurance sector.
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| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | - | - | 000,000 | 000,000 | - | - | 0,000,000 | 00,000,000 | 000,000 | 000,000 |
| Scope 2 | - | - | - | - | - | - | - | - | - | 0,000,000 | 0,000,000 | - | - | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | 0,000,000 | 0,000,000 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is If P&C Insurance's Industry?
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If P&C 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.
If P&C 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.
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Frequently Asked Questions
Common questions about If P&C Insurance's sustainability data and climate commitments