Swiss Re

Swiss Re, an insurance and pension funding services provider headquartered in Switzerland, has reported its carbon emissions across various scopes. For the reporting year 2025, the company's total emissions, encompassing Scope 1, 2, and 3, were approximately 143.15 million kg CO2e. This figure is composed of Scope 1 emissions totalling about 2.15 million kg CO2e, Scope 2 emissions of approximately 81,000 kg CO2e, and substantial Scope 3 emissions reaching around 141 million kg CO2e.

In the previous year, 2024, Swiss Re's total emissions were approximately 160.73 million kg CO2e. This breakdown included Scope 1 emissions of about 1.73 million kg CO2e, Scope 2 emissions of approximately 84,000 kg CO2e, and Scope 3 emissions at roughly 159 million kg CO2e.

Swiss Re has set ambitious climate targets. The company is committed to reaching net-zero greenhouse gas (GHG) emissions by 2050 across its entire business. In line with this long-term goal, Swiss Re aims to achieve net-zero operational CO2 emissions by 2030. Additionally, they have committed to reducing absolute Scope 1 and Scope 2 GHG emissions by 53% compared to a 2018 base year, with a target year of 2030. For Scope 3 upstream emissions, Swiss Re aims for 67% of its vendors by spend to have science-based targets by 2027. These targets are reported as being on track for near-term and five-year progress.