Public Profile

Reinsurance Group Of America

Reinsurance Group of America, Incorporated (RGA) is a leading global provider of life and health reinsurance solutions, headquartered in the United States. Established in 1973, RGA has grown to become a prominent player in the reinsurance industry, with significant operations across North America, Europe, and Asia-Pacific. RGA offers a diverse range of products and services, including traditional reinsurance, financial solutions, and risk management services, tailored to meet the unique needs of its clients. The company is recognised for its innovative approach to underwriting and its commitment to leveraging data analytics to enhance decision-making processes. With a strong market position, RGA has achieved notable milestones, including consistent financial performance and a reputation for reliability and expertise in the reinsurance sector. Its dedication to client partnerships and sustainable growth continues to set RGA apart in the competitive landscape of reinsurance.

DitchCarbon Score

How does Reinsurance Group Of America'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.

33

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.

27

Industry Benchmark

Reinsurance Group Of America's score of 33 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

82%

Reinsurance Group Of America's reported carbon emissions

In 2023, Reinsurance Group of America (RGA) reported total carbon emissions of approximately 8,090,000,000 kg CO2e, comprising 271,000,000 kg CO2e from Scope 1, 7,908,000,000 kg CO2e from Scope 2 (market-based), and 8,554,000,000 kg CO2e from Scope 3 emissions related to business travel. This marked a significant reduction in Scope 1 emissions compared to previous years, where Scope 1 emissions were 603,000,000 kg CO2e in 2022 and 590,000,000 kg CO2e in 2021. RGA has disclosed emissions across all three scopes, demonstrating transparency in their reporting. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments. The company continues to monitor and report its emissions, reflecting a commitment to sustainability within the reinsurance industry. Overall, RGA's emissions data indicates a proactive approach to understanding and managing their carbon footprint, although further details on reduction strategies would enhance their climate commitment profile.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20192020202120222023
Scope 1
656,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
7,163,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 3
7,621,000,000
0,000,000,000
000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Reinsurance Group Of America's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Reinsurance Group Of America is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Reinsurance Group Of America is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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