Scor
Scor, officially known as Scor SE, is a leading global reinsurer headquartered in Paris, France. Established in 1970, the company has grown to become a prominent player in the reinsurance and insurance industry, with significant operations across Europe, North America, and Asia-Pacific. Scor offers a diverse range of products and services, including life and non-life reinsurance, as well as insurance solutions tailored to meet the unique needs of its clients. The company is recognised for its innovative approach and strong risk management capabilities, which set it apart in a competitive market. With a commitment to sustainability and a robust financial position, Scor has achieved notable milestones, including consistent ratings from major credit agencies. Its reputation for reliability and expertise solidifies its status as a trusted partner in the global insurance landscape.
DitchCarbon Score
How does Scor'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.
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.
Industry Benchmark
Scor's score of 55 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Scor's reported carbon emissions
In 2023, SCOR reported total carbon emissions of approximately 20,576,000 kg CO2e. This figure includes Scope 1 emissions of about 131,495,000 kg CO2e, Scope 2 emissions of approximately 1,740,719,000 kg CO2e (with a market-based approach accounting for about 2,420,000 kg CO2e), and significant Scope 3 emissions totalling around 4,006,266,000 kg CO2e. The Scope 3 emissions breakdown includes categories such as purchased goods and services (approximately 14,957,000 kg CO2e) and business travel (about 12,972,000 kg CO2e). In comparison, the previous year, 2022, SCOR's total emissions were about 16,131,000 kg CO2e, with Scope 1 at approximately 131,782,000 kg CO2e, Scope 2 at around 1,324,397,000 kg CO2e, and Scope 3 emissions at about 2,867,771,000 kg CO2e. This indicates a notable increase in emissions from 2022 to 2023. SCOR has set ambitious climate commitments, aiming for Net-Zero emissions by 2050 across both Scope 1 and Scope 2 emissions. Additionally, the company has established a target to reduce the carbon intensity of its direct real estate investment sub-portfolio by 50% by 2030, using 2020 as the base year. These initiatives reflect SCOR's commitment to addressing climate change and reducing its carbon footprint in the long term.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,281,000 | 000,000 | 000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 2,782,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 21,160,000 | 0,000,000 | 000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions 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.
Scor is not participating in any of the initiatives that 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.
