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Insurance Services
DE
updated 19 hours ago

SIGNAL IDUNA Gruppe

Company website

SIGNAL IDUNA Gruppe, headquartered in Dortmund, Germany, is a prominent player in the insurance and financial services industry. Founded in 1900, the company has established a strong presence across various regions in Germany, offering a diverse range of products and services tailored to meet the needs of individuals and businesses alike. The company excels in health, life, and property insurance, as well as asset management, distinguishing itself through innovative solutions and customer-centric approaches. With a commitment to quality and reliability, SIGNAL IDUNA Gruppe has garnered a solid market position, recognised for its financial stability and comprehensive service offerings. Over the years, it has achieved significant milestones, reinforcing its reputation as a trusted partner in the insurance sector.

DitchCarbon Score

How does SIGNAL IDUNA Gruppe'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.

36

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.

41

Industry Benchmark

SIGNAL IDUNA Gruppe's score of 36 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

62%

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SIGNAL IDUNA Gruppe's reported carbon emissions

In 2023, SIGNAL IDUNA Gruppe reported total carbon emissions of approximately 34,486.2 kg CO2e, comprising 1,199.1 kg CO2e from Scope 1, 1,222.0 kg CO2e from Scope 2, and a significant 32,065.1 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. Comparatively, in 2022, the group's emissions were approximately 14,478.0 kg CO2e, with Scope 1 emissions at 3,968.0 kg CO2e, Scope 2 at a substantial 904,000.0 kg CO2e, and Scope 3 at 8,606.0 kg CO2e. This indicates a notable increase in emissions in 2023, particularly in Scope 3, which may warrant further investigation into the sources of these emissions. Despite the lack of specific reduction targets or climate pledges, SIGNAL IDUNA Gruppe is actively engaged in sustainability initiatives, as evidenced by their detailed emissions reporting. The absence of cascaded data suggests that their emissions figures are independently reported without influence from a parent organisation. Overall, SIGNAL IDUNA Gruppe's commitment to transparency in emissions reporting is evident, although further information on reduction strategies and targets would enhance their climate commitment profile.

Unlock detailed emissions data

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

201720222023
Scope 1
2,810
0,000
0,000.0
Scope 2
11,841
000,000
0,000
Scope 3
2,081
0,000
00,000.0

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SIGNAL IDUNA Gruppe'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. This request for SIGNAL IDUNA Gruppe is in DE, which has a medium grid carbon intensity relative to other regions.

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.

SIGNAL IDUNA Gruppe 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.

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

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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