Swiss Life Sustainability Profile
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.
DitchCarbon Score
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.
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
Swiss Life's score of 79 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Swiss Life's reported carbon emissions
In 2024, Swiss Life reported total carbon emissions of approximately 15,889,000 kg CO2e. This figure includes Scope 1 emissions of about 5,842,000 kg CO2e, Scope 2 emissions of approximately 885,000 kg CO2e, and Scope 3 emissions totalling around 9,162,000 kg CO2e. Notably, business travel accounted for a significant portion of Scope 3 emissions, contributing about 8,155,000 kg CO2e. Swiss Life has set ambitious reduction targets, aiming to decrease its CO2 emissions per full-time employee (FTE) by 35% by the end of 2024 compared to 2019 levels, with a further target of a 50% reduction by the end of 2027. These targets apply to both Scope 1 and Scope 2 emissions. Additionally, the company is committed to achieving carbon neutrality by 2025. The company’s emissions data is sourced from Swiss Life Holding AG, and it has not inherited emissions data from any parent organization. Swiss Life's ongoing initiatives reflect a strong commitment to sustainability and reducing its carbon footprint in alignment with industry standards.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 6,860,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,610,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 9,750,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Swiss Life's Industry?
How Carbon Intensive is Swiss Life's Location?
Swiss Life's Scope 3 Categories Breakdown
Swiss Life's Scope 3 emissions, which increased by 35% last year and decreased by approximately 6% since 2013, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 58% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 89% of Scope 3 emissions.
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Swiss Life'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.
Swiss Life has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
