Swiss Re

Swiss Re, headquartered in Switzerland (CH) and operating in Insurance and pension funding services, except compulsory social security services (66), reported global Scope 1 emissions of 2,150,000 kg CO2e, market-based Scope 2 emissions of 81,000 kg CO2e, and Scope 3 emissions of 141,000,000 kg CO2e in 2025. This includes 3,200,000 kg CO2e from capital goods, 26,062,000 kg CO2e from business travel, 10,070,000 kg CO2e from employee commute, 850,000 kg CO2e from downstream leased assets, 100,046,000 kg CO2e from purchased goods and services, 133,000 kg CO2e from waste generated in operations, and 741,000 kg CO2e from fuel and energy-related activities.

For 2024, the company's global Scope 1 emissions were 1,728,000 kg CO2e, market-based Scope 2 emissions were 84,000 kg CO2e, and Scope 3 emissions were 159,000,000 kg CO2e. In 2023, Swiss Re reported global Scope 1 emissions of 1,726,000 kg CO2e, market-based Scope 2 emissions of 57,000 kg CO2e, and Scope 3 emissions of 159,000,000 kg CO2e. In 2022, global Scope 1 emissions were 2,520,000 kg CO2e, market-based Scope 2 emissions were 64,000 kg CO2e, and Scope 3 emissions included 3,200,000 kg CO2e from capital goods, 19,599,000 kg CO2e from business travel, 6,080,000 kg CO2e from employee commute, 110,080,000 kg CO2e from purchased goods and services, 289,000 kg CO2e from waste generated in operations, and 954,000 kg CO2e from fuel and energy-related activities.

Swiss Re has committed to achieving net-zero GHG emissions across its entire business by 2050. The company aims to bring operational CO2 emissions to net zero by 2030 for both Scope 1 and Scope 2. Near-term reduction targets include a 53% absolute reduction in Scope 1 GHG emissions and a 53% absolute reduction in Scope 2 GHG emissions compared to a 2018 base year, by 2030. Additionally, Swiss Re aims for 67% of its vendors by spend to have science-based targets by 2027 (Scope 3 upstream). As of 2019, Swiss Re's net-zero commitment is 'Committed' as per the Science Based Targets initiative (SBTi).