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Public Profile
Insurance Services
RS
updated 9 months ago

Sava životno osiguranje a.d.o., Beograd Sustainability Profile

Company website

Sava životno osiguranje a.d.o., based in Beograd, Serbia, is a prominent player in the life insurance industry. Founded in 2005, the company has established itself as a trusted provider of comprehensive insurance solutions across the region. With a focus on life insurance, health insurance, and pension plans, Sava životno osiguranje offers unique products tailored to meet the diverse needs of its clients. The company has achieved significant milestones, including a strong market position and recognition for its customer-centric approach. Sava životno osiguranje is committed to delivering innovative insurance products that provide financial security and peace of mind. With a dedicated team and a robust operational framework, the company continues to enhance its offerings, ensuring it remains a leader in the Serbian insurance market.

DitchCarbon Score

How does Sava životno osiguranje a.d.o., Beograd'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.

48

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.

33

Industry Benchmark

Sava životno osiguranje a.d.o., Beograd's score of 48 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

69%

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Sava životno osiguranje a.d.o., Beograd's reported carbon emissions

Inherited from Pozavarovalnica Sava, d.d.

Sava životno osiguranje a.d.o., Beograd, currently does not report specific carbon emissions data, as no emissions figures are available. The company is a current subsidiary of Pozavarovalnica Sava, d.d., which may influence its climate commitments and performance metrics. As part of its climate strategy, Sava životno osiguranje a.d.o. is expected to align with the broader sustainability initiatives of its parent company, Pozavarovalnica Sava, d.d. However, specific reduction targets or achievements have not been disclosed. The absence of detailed emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate commitments. In the context of the insurance industry, companies are increasingly recognising the importance of addressing climate change and its associated risks. While Sava životno osiguranje a.d.o. has not yet published its own emissions data or reduction targets, it is likely to follow industry trends towards greater transparency and accountability in environmental performance.

Unlock detailed emissions data

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

20222023
Scope 1
1,256,960
0,000,000
Scope 2
2,842,350
0,000,000
Scope 3
148,010
000,000

How Carbon Intensive is Sava životno osiguranje a.d.o., Beograd's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sava životno osiguranje a.d.o., Beograd's primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Sava životno osiguranje a.d.o., Beograd's Location?

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. This request for Sava životno osiguranje a.d.o., Beograd is in RS, which has a very high grid carbon intensity relative to other regions.

Sava životno osiguranje a.d.o., Beograd's Scope 3 Categories Breakdown

Sava životno osiguranje a.d.o., Beograd's Scope 3 emissions, which increased by 115% last year and increased by approximately 115% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 8% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 416% of Scope 3 emissions.

Top Scope 3 Categories

2023
Business Travel
416%
Purchased Goods and Services
16%
Waste Generated in Operations
<1%
Employee Commuting
<1%

Sava životno osiguranje a.d.o., Beograd'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.

Sava životno osiguranje a.d.o., Beograd 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.

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

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