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 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.
Swiss Life's score of 54 is higher than 98% 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 6,768,000 kg CO2e from Scope 3 emissions. The company has shown a commitment to reducing its carbon footprint over the years, with emissions decreasing from about 26,647,000 kg CO2e in 2016 to the latest figure in 2023. Swiss Life's emissions profile indicates a significant reliance on Scope 3 emissions, which accounted for approximately 47% of total emissions in 2023. The company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for further commitment in this area. Overall, Swiss Life's emissions data reflects a trend towards reduction, but the absence of formal reduction targets highlights an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 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 | 11,408,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.