Swiss Re

Swiss Re's reported carbon emissions

Swiss Re, a prominent insurance and pension funding services provider headquartered in CH, has established robust climate commitments and reports its carbon emissions with transparency. **Carbon Emissions Data:** For the reporting year 2025, Swiss Re reported a total of **approximately 142.7 million kg CO2e** (141,000,000 kg CO2e Scope 3 + 2,150,000 kg CO2e Scope 1 + 81,000 kg CO2e Scope 2). In 2024, the company's total emissions were approximately **160.7 million kg CO2e** (159,000,000 kg CO2e Scope 3 + 1,728,000 kg CO2e Scope 1 + 84,000 kg CO2e Scope 2). For 2023, Swiss Re's total emissions were approximately **160.7 million kg CO2e** (159,000,000 kg CO2e Scope 3 + 1,726,000 kg CO2e Scope 1 + 57,000 kg CO2e Scope 2). In 2022, total emissions were approximately **112.9 million kg CO2e** (110,080,000 kg CO2e Scope 3 + 2,520,000 kg CO2e Scope 1 + 64,000 kg CO2e Scope 2). For 2021, total emissions amounted to approximately **9.5 million kg CO2e**, encompassing Scope 1, Scope 2, and Scope 3 emissions, with Scope 2 location-based figures at 7,188,000 kg CO2e, Scope 1 at 2,267,000 kg CO2e, and Scope 3 at 1,753,000 kg CO2e. In 2020, total emissions were approximately **21.2 million kg CO2e**, with Scope 1 at 2,901,000 kg CO2e, Scope 2 market-based at 81,000 kg CO2e, and Scope 3 at 18,210,000 kg CO2e. For 2019, the company reported a total of approximately **93 million kg CO2e**, comprising 4,248,000 kg CO2e in Scope 1, 984,000 kg CO2e in Scope 2 (market-based), and 87,765,000 kg CO2e in Scope 3. In 2018, total emissions were approximately **10.1 million kg CO2e**, with Scope 1 at 3,356,000 kg CO2e and Scope 2 market-based at 1,359,000 kg CO2e. **Climate Commitments and Reduction Targets:** Swiss Re is committed to achieving net-zero greenhouse gas (GHG) emissions across its entire business by 2050. This long-term objective is underpinned by near-term targets: * **Scope 1 and Scope 2 Emissions:** The company aims to reduce absolute Scope 1 and Scope 2 GHG emissions by 53% compared to a 2018 base year, with a target for 2030. They are on track to meet these targets within the near and long term. Additionally, a specific target is to bring operational CO2 emissions to net zero by 2030. * **Vendor Engagement:** Swiss Re has set a target for 67% of its vendors by spend to have science-based targets by 2027, indicating a focus on upstream Scope 3 emissions. Swiss Re has also publicly committed to being a member of the Business Ambition for 1.5°C campaign.