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.
+33 vs industry average
If P&C Insurance’s score of 70 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
If P&C Insurance's reported carbon emissions
If P&C Insurance, headquartered in SE, reported approximately 455,739,000 kg CO2e in total emissions for 2025. This figure comprises Scope 1 emissions of about 1,514,000 kg CO2e, Scope 2 emissions of roughly 1,578,000 kg CO2e (location-based), and significant Scope 3 emissions totalling approximately 452,818,000 kg CO2e. Key contributors to their Scope 3 emissions include investments (347,084,000 kg CO2e), use of sold products (88,618,000 kg CO2e), and business travel (5,810,000 kg CO2e). For 2024, the company's total emissions were approximately 360,570,000 kg CO2e, with Scope 1 emissions around 1,352,000 kg CO2e, Scope 2 emissions approximately 2,169,000 kg CO2e (location-based), and Scope 3 emissions at about 355,587,000 kg CO2e. Investments remained a substantial part of their Scope 3 footprint at 253,003,000 kg CO2e. If P&C Insurance has committed to reducing absolute Scope 1 and 2 GHG emissions by 42.5% by 2030, using 2020 as a base year. This target is aligned with a 1.5°C pathway. Previous targets included a long-term goal to reduce CO2 emissions by 50% compared to 2008 levels, which they reported achieving by 2019. They also previously aimed to reduce CO2e emissions from their own operations by 60% by the end of 2021, compared to 2008 levels. Their climate commitments are cascaded from If P&C Insurance Holding Ltd (publ), and their SBTi (Science Based Targets initiative) commitments also originate from If P&C Insurance Holding Ltd (publ) at cascade level 0. For CDP and other initiatives, data may be sourced from Sampo Oyj at cascade level 1.
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If P&C Insurance’s Climate Goals (2030 & 2050)
5 goals2030
42.5% reduction in Scope 2
Reduce absolute Scope 1 + 2 GHG emissions by 42.5% by 2030 from a 2020 base year.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
Inherited from Sampo OyjThe Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about If P&C Insurance’s sustainability data and climate commitments
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