If P&C Insurance
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 48 is higher than 66% 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 a significant Scope 3 contribution of around 344,968,000 kg CO2e. This represents a decrease from 2023, where total emissions were about 427,126,000 kg CO2e, with Scope 1 at 192,000 kg CO2e, Scope 2 at approximately 1,516,000 kg CO2e, and Scope 3 at around 425,418,000 kg CO2e. If P&C Insurance has set ambitious reduction targets, aiming for a 60% reduction in Scope 1 and 2 emissions by the end of 2021 compared to 2008 levels, which they achieved. They are also committed to reducing absolute Scope 1 and 2 GHG emissions by 42.5% by 2030 from a 2020 baseline. These targets are part of their long-term strategy to align with climate science, as indicated by their near-term targets classified under the 1.5°C pathway. The emissions data is cascaded from their parent company, If P&C Insurance Holding Ltd (publ), which oversees the overall climate strategy and performance metrics. The organization is actively working towards integrating sustainability into its operations and investment strategies, covering 85% of its total investment and lending activities as of 2020.
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| 2017 | 2018 | 2019 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 134,000 | 000,000 | 00,000 | 00,000 | 000,000 | 000,000 |
| Scope 2 | 1,366,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 5,453,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 |
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.
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.
