Swiss Life Holding AG, commonly known as Swiss Life, is a leading provider of life insurance and pension solutions headquartered in Zurich, Switzerland (CH). Established in 1857, the company has evolved significantly, marking key milestones in the insurance industry while expanding its operations across Europe, particularly in Germany, France, and Switzerland. Specialising in life insurance, pensions, and financial planning, Swiss Life distinguishes itself through its customer-centric approach and innovative products tailored to individual needs. The firm is recognised for its strong market position, consistently ranking among the top insurers in Switzerland and maintaining a robust presence in the European market. With a commitment to sustainability and financial security, Swiss Life continues to set benchmarks in the insurance sector, ensuring clients receive comprehensive and reliable solutions for their financial futures.
How does Swiss Life'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.
Mean score of companies in the 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.
Swiss Life's score of 39 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Swiss Life reported total carbon emissions of approximately 14,251,000 kg CO2e. This figure includes 7,095,000 kg CO2e from Scope 1 emissions, 388,000 kg CO2e from Scope 2 emissions, and 16,396,000 kg CO2e from Scope 3 emissions. Notably, the company has shown a significant reduction in total emissions from previous years, with a decrease from about 16,362,000 kg CO2e in 2022 and 15,080,000 kg CO2e in 2021. Over the years, Swiss Life's emissions have fluctuated, with total emissions peaking at approximately 26,647,000 kg CO2e in 2016. The company has made strides in reducing its Scope 1 and 2 emissions, which combined totalled about 6,695,000 kg CO2e in 2020, down from 11,601,000 kg CO2e in 2017. Despite these reductions, Swiss Life has not publicly committed to specific science-based targets or reduction initiatives. The absence of documented reduction targets suggests that while the company is actively reducing its emissions, it may not have formalised its climate commitments in line with industry standards. Overall, Swiss Life's emissions data reflects a positive trend towards lower carbon output, although further commitments and structured targets could enhance its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 8,660,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 6,578,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 34,224,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Swiss Life is committed to some 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.