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Reinsurance Group Of America
Insurance ServicesUnited StatesNYSE: RZB
Last verified 4 days agorgare.com
Reinsurance Group of America, Incorporated (RGA) is a leading global provider of reinsurance and risk solutions, headquartered in the United States. Established in 1973, RGA has grown to become a prominent player in the insurance and pension funding services industry, excluding compulsory social security services. With a strong presence in North America, Europe, and Asia-Pacific, RGA offers a diverse range of products, including life reinsurance, health reinsurance, and financial solutions tailored to meet the evolving needs of its clients.
RGA is recognised for its innovative approach to risk management and its commitment to delivering unique value through data-driven insights and advanced analytics. The company has achieved significant milestones, including numerous awards for excellence in the reinsurance sector, solidifying its market position as a trusted partner for insurers worldwide.
37
DitchCarbon score
-2 vs industry average
Reinsurance Group Of America’s score of 37 is higher than 50% 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
Very Low
Insurance Services is among the least carbon-intensive industries
Industry performance
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Reinsurance Group Of America's reported carbon emissions
Reinsurance Group Of America, headquartered in the US and operating within the Insurance and pension funding services sector, reported its most recent carbon emissions for 2024. The company's Scope 1 emissions were 422,000 kg CO2e, and its Scope 2 market-based emissions were 9,581,000 kg CO2e. For Scope 3, business travel accounted for 12,587,000 kg CO2e. Reinsurance Group Of America aims to achieve net-zero Scope 1 and 2 greenhouse gas (GHG) emissions across its global operations by the end of 2026. This commitment was established in 2023.
In 2023, the company's Scope 1 emissions were 336,000 kg CO2e, with Scope 2 market-based emissions at 8,825,000 kg CO2e. Scope 3 emissions from business travel were 11,235,000 kg CO2e.
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Reinsurance Group Of America’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
2025 disclosureSee details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Reinsurance Group Of America4 days ago
37
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