Pozavarovalnica Sava, d.d.

Pozavarovalnica Sava, d.d. reported approximately 189.2 billion kg CO2e in total emissions for 2024, encompassing Scope 1, 2, and 3 emissions. In 2023, their total emissions were around 191.5 billion kg CO2e. Prior to this, in 2022, the company recorded approximately 4.2 billion kg CO2e in total emissions.

The company has set an ambitious target to reduce its Scope 1 and 2 greenhouse gas (GHG) emissions by 55% by 2030, relative to a 2022 baseline. This reduction is to be measured both per employee and per consolidated revenue. Furthermore, Pozavarovalnica Sava, d.d. is committed to decreasing the carbon footprint of its investment portfolio by 10% annually, also benchmarked against 2022 figures.

This commitment to absolute GHG emissions reduction for Scope 1 and 2 is aligned with a broader Group-level goal. The company has also stated a target to reduce absolute Scope 2 GHG emissions by 100% by 2025, based on a 2023 baseline year.

Pozavarovalnica Sava, d.d.'s industry context involves coal tar, a sector often associated with significant carbon intensity. The company's disclosed emissions data includes Scope 1 (e.g., mobile and stationary combustion, fugitive emissions), Scope 2 (e.g., purchased electricity, steam), and Scope 3 (e.g., business travel, employee commute, upstream leased assets, downstream leased assets, purchased goods and services, waste generated in operations, and investments).