Talanx
Talanx AG, a prominent player in the insurance and financial services sector, is headquartered in Hannover, Germany. Founded in 1996, Talanx has established itself as a leading provider of a diverse range of insurance solutions, including property and casualty, life, and health insurance. The company operates extensively across Europe, particularly in Germany, Poland, and the Nordic countries, as well as in selected markets in Asia and Latin America. Talanx is renowned for its innovative approach to risk management and customer-centric services, offering unique products tailored to meet the evolving needs of its clients. With a strong market position, Talanx has achieved notable milestones, including its listing on the Frankfurt Stock Exchange and recognition for its sustainable business practices. As a key player in the insurance industry, Talanx continues to drive growth and enhance its service offerings, solidifying its reputation as a trusted partner in financial security.
DitchCarbon Score
How does Talanx'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 Services Auxiliary to Financial Intermediation 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
Talanx's score of 56 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Talanx's reported carbon emissions
In 2024, Talanx reported total carbon emissions of approximately 130,900,000 kg CO2e for Scope 1, 46,137,000 kg CO2e for Scope 2 (market-based), and significant contributions from Scope 3 emissions, including 14,194,000 kg CO2e from capital goods and 18,168,000 kg CO2e from business travel. In 2023, the company recorded total emissions of about 31,187,000 kg CO2e, with Scope 1 emissions at 8,821,000 kg CO2e and Scope 2 emissions at 9,739,000 kg CO2e. Talanx has set ambitious climate commitments, aiming for a 30% reduction in carbon intensity across its operations by 2025, compared to a 2019 baseline. This target applies to both Scope 1 and Scope 2 emissions, with a specific goal to achieve carbon neutrality at its German locations by 2030. Additionally, the company is pursuing net zero emissions across its insurance and investment portfolio by 2050. The company has made notable progress, achieving a 34% reduction in GHG emissions from its own operations (excluding Hannover Re) compared to the 2019 baseline by 2023. Talanx's commitment to sustainability is reflected in its comprehensive approach to managing emissions across all scopes, with a focus on reducing carbon intensity and achieving long-term climate goals.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 11,425,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 16,168,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 19,603,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Talanx 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.
