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 66% 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
Swiss Reinsurance Company Ltd, headquartered in Switzerland (CH), reported its carbon emissions data for 2017, with a total Scope 2 emissions of approximately 6,722,000 kg CO2e from purchased electricity across various regions, including 377,000 kg CO2e in Switzerland, 2,540,000 kg CO2e in the US, and 10,255,000 kg CO2e globally. The company has not disclosed any Scope 1 or Scope 3 emissions data. In terms of climate commitments, Swiss Reinsurance Company Ltd is part of a corporate family relationship with Swiss Re AG, which cascades its climate initiatives and targets. However, there are currently no specific reduction targets or initiatives reported under the Science Based Targets initiative (SBTi) or other climate pledges. The company has shown a commitment to sustainability through its reporting practices, but further details on specific reduction initiatives or targets are not available at this time. Overall, Swiss Reinsurance Company Ltd is actively monitoring its carbon footprint, particularly in Scope 2 emissions, while aligning with broader corporate sustainability efforts through its parent company.
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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.
