Swiss Life
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 72 is higher than 99% 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 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, and 6,768,000 kg CO2e from Scope 3 emissions. Notably, business travel accounted for about 5,337,000 kg CO2e of the total emissions. Swiss Life has set ambitious reduction targets, aiming for a 35% decrease in CO2 emissions per full-time equivalent (FTE) by the end of 2024 compared to 2019 levels. This target applies to both Scope 1 and Scope 2 emissions, with a focus on reducing travel emissions and sourcing electricity from sustainable sources. Additionally, the company plans to reduce the carbon intensity of its directly held PAM real estate portfolio by 20% by 2030, relative to 2019. In a long-term commitment, Swiss Life has also pledged to achieve a 50% reduction in CO2 emissions per FTE by the end of 2027 compared to 2019. Furthermore, the company has launched a "Net Zero by 2050" initiative, reflecting its dedication to addressing climate change across all scopes of emissions.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 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 | 0,000,000 |
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.
Swiss Life is participating in some 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.
