Movestic Livförsäkring AB Sustainability Profile
Movestic Livförsäkring AB, headquartered in Sweden, is a prominent player in the life insurance industry, specialising in a range of financial services tailored to meet the diverse needs of its clients. Founded in 2000, the company has established itself as a trusted provider of life insurance, pension solutions, and investment products, focusing on delivering personalised services that stand out in a competitive market. With a strong presence across Sweden, Movestic is known for its innovative approach to life insurance, offering unique products that combine flexibility and security. The company has achieved significant milestones, including recognition for its customer-centric solutions and sustainable investment strategies. As a result, Movestic Livförsäkring AB continues to strengthen its market position, catering to individuals and businesses seeking reliable financial protection and growth opportunities.
DitchCarbon Score
How does Movestic Livförsäkring AB'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
Movestic Livförsäkring AB's score of 40 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Movestic Livförsäkring AB's reported carbon emissions
In 2024, Movestic Livförsäkring AB reported total carbon emissions of approximately 187,000 kg CO2e. This figure includes about 2,000 kg CO2e from Scope 2 emissions and a significant 185,000 kg CO2e from Scope 3 emissions. In the previous year, 2023, the company recorded total emissions of about 186,000 kg CO2e, with Scope 2 emissions at approximately 3,000 kg CO2e and Scope 3 emissions at around 183,000 kg CO2e. Looking back further, in 2022, Movestic's total emissions were about 12,200 kg CO2e, comprising 300 kg CO2e from Scope 2 and 11,900 kg CO2e from Scope 3. In 2021, the company reported total emissions of approximately 7,000 kg CO2e, with Scope 2 emissions at 600 kg CO2e and Scope 3 emissions at about 6,300 kg CO2e. Movestic Livförsäkring AB has not set specific reduction targets or climate pledges, and there are no documented initiatives aimed at reducing emissions. The emissions data is cascaded from its parent company, Chesnara plc, indicating a corporate family relationship that influences its reporting. Overall, Movestic's emissions profile highlights a reliance on Scope 3 emissions, which represent the majority of its carbon footprint, underscoring the need for comprehensive strategies to address these indirect emissions.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | - |
| Scope 2 | 600 | 000 | 0,000 | 0,000 |
| Scope 3 | 6,300 | 00,000 | 000,000 | 000,000 |
How Carbon Intensive is Movestic Livförsäkring AB's Industry?
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Movestic Livförsäkring AB'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.
Movestic Livförsäkring AB has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
