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.
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.
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.
If P&C Insurance's score of 60 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, If P&C Insurance reported total carbon emissions of approximately 346,662,000 kg CO2e. This includes 182,000 kg CO2e from Scope 1 emissions, 1,512,000 kg CO2e from Scope 2 emissions (market-based), and a significant 344,968,000 kg CO2e from Scope 3 emissions. In comparison, the 2023 emissions were about 427,126,000 kg CO2e, with Scope 1 at 192,000 kg CO2e, Scope 2 at 1,516,000 kg CO2e (market-based), and Scope 3 at 425,418,000 kg CO2e. If P&C Insurance has set ambitious reduction targets, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42.5% by 2030 from a 2020 baseline. Additionally, the company achieved a long-term target of reducing CO2 emissions by 50% compared to 2008 levels for both Scope 1 and Scope 2 by 2018. The company is committed to aligning its operations with climate science, having set near-term targets consistent with limiting global warming to 1.5°C. These targets cover 85% of its total investment and lending activities as of 2020. If P&C Insurance continues to focus on these initiatives, it aims to significantly mitigate its carbon footprint in the coming years.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | - | 0,000,000 | - | 0,000,000 | 00,000,000 | 000,000 | 000,000 |
Scope 2 | - | 0,000,000 | - | 000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 5,453,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 |
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.
If P&C Insurance is participating in some 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.