Swiss Reinsurance Company Ltd
Swiss Reinsurance Company Ltd., commonly known as Swiss Re, is a leading global reinsurance firm headquartered in Zurich, Switzerland (CH). Founded in 1863, Swiss Re has established itself as a pivotal player in the reinsurance industry, providing innovative solutions across various sectors, including life, health, and property and casualty insurance. With a strong presence in key markets such as Europe, North America, and Asia, Swiss Re offers a diverse range of products and services, including risk transfer, capital management, and advisory services. The company is renowned for its unique approach to risk assessment and management, leveraging advanced analytics and data-driven insights. As one of the largest reinsurers in the world, Swiss Re has achieved numerous milestones, including significant contributions to the development of the insurance industry. Its commitment to sustainability and resilience further solidifies its market position, making it a trusted partner for insurers and businesses globally.
DitchCarbon Score
How does Swiss Reinsurance Company Ltd'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 Reinsurance Company Ltd's score of 48 is higher than 72% 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 Reinsurance Company Ltd's reported carbon emissions
In 2017, Swiss Reinsurance Company Ltd reported significant carbon emissions, specifically 6,722,000 kg CO2e from Scope 2 emissions related to purchased electricity in Great Britain. In Switzerland, the company recorded 377,000 kg CO2e from the same scope, while in the United States, the emissions were 254,000 kg CO2e. The total global Scope 2 emissions amounted to approximately 10,255,000 kg CO2e. Swiss Reinsurance Company Ltd has not disclosed any Scope 1 or Scope 3 emissions data. Furthermore, there are no specific reduction targets or initiatives outlined in their climate commitments, as indicated by the absence of SBTi reduction targets or documented reduction initiatives. It is important to note that the emissions data is cascaded from the parent company, Swiss Re AG, reflecting the company's commitment to transparency in its environmental impact reporting. As a current subsidiary, Swiss Reinsurance Company Ltd aligns its climate strategies with those of its parent organisation.
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| 2017 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 10,255,000 |
| Scope 3 | - |
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 Reinsurance Company Ltd is not participating in any 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.
