QBE Insurance, officially known as QBE Insurance Group Limited, is a prominent player within the "Other business services (74)" industry, headquartered in Sydney, Australia. Established in 1886, the company has a long-standing history of providing specialised insurance and risk management solutions across multiple regions, including Asia-Pacific, the Americas, and Europe.
QBE’s core offerings encompass a wide range of insurance products, such as property, casualty, and specialty insurance, distinguished by their customised approach and innovative risk assessment techniques. Recognised for its strong market presence and consistent growth, QBE has earned a reputation as one of Australia's leading insurers, with a focus on delivering reliable, tailored services to diverse business sectors.
+40 vs industry average
Qbe Insurance’s score of 73 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Qbe Insurance?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Business Services is among the least carbon-intensive industries
Industry performance
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Qbe Insurance's reported carbon emissions
QBE Insurance, headquartered in Australia and operating within the 'Other business services' industry, reported its total carbon emissions for 2025 as approximately 27.2 billion kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. In 2024, the company's total emissions were approximately 27.9 billion kg CO2e.
QBE has established a significant near-term climate commitment: to reduce its Scope 1 and 2 carbon emissions by 30% by 2025, using 2018 as the baseline year. Furthermore, QBE aims to achieve net-zero emissions for its operational Scope 1 and 2 emissions by 2030, with a long-term ambition to reach net-zero emissions in its underwriting portfolio by 2050. The company also targets a 25% reduction in the carbon intensity of its developed market equity portfolio by 2025, relative to a 2019 baseline.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Qbe Insurance’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisations
Qbe Insurance
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project