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Talanx AG, one of Europe's premier insurance groups, is headquartered in Germany, with significant operations spanning Europe, North and South America, and Asia. Established in 1903, the company has grown into a leading force in the insurance and pension funding sector, excluding compulsory social security services.
Through its multi-brand strategy, including HDI Global and Hannover Re, Talanx offers a comprehensive suite of insurance products and services. These encompass property and casualty insurance, life insurance, and reinsurance, serving both retail and corporate clients.
Talanx distinguishes itself through its diversified business model and strong international presence, solidifying its position as a top-tier player in global insurance markets. Its consistent growth and robust financial performance underscore its commitment to long-term stability and client satisfaction.
+43 vs industry average
Talanx’s score of 82 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Insurance Services is among the least carbon-intensive industries
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Talanx, headquartered in Germany and operating in the insurance and pension funding sector, reported its carbon emissions for 2025 as approximately 77.0 million kg CO2e (77,075,000 kg CO2e) for Scope 1, Scope 2 (market-based), and relevant Scope 3 categories. This includes 15,904,000 kg CO2e for Scope 1, 41,252,000 kg CO2e for Scope 2 (market-based), and 19,341,000 kg CO2e for disclosed Scope 3 categories (business travel, purchased goods and services, and fuel and energy related activities).
In 2024, Talanx's emissions were approximately 81.3 million kg CO2e (81,378,000 kg CO2e), comprising 12,917,000 kg CO2e for Scope 1, 45,701,000 kg CO2e for Scope 2 (market-based), and 23,490,000 kg CO2e for disclosed Scope 3 categories. For 2023, the company reported a total of 31,187,000 kg CO2e, with 8,821,000 kg CO2e from Scope 1, 9,739,000 kg CO2e from Scope 2 (market-based), and 12,627,000 kg CO2e from Scope 3.
Talanx has set several climate commitments. The company aims for a 25% absolute reduction in combined Scope 1 and market-based Scope 2 emissions from its own operations by 2030, compared to a 2024 baseline. This target translates to reducing combined annual greenhouse gas emissions to a maximum of 12,700,000 kg CO2e by 2030, from 16,889,000 kg CO2e in 2024. The Talanx Group is also committed to achieving GHG neutrality in its global operations (including offsetting residual emissions) by no later than 2030. Additionally, Talanx is pursuing net-zero emissions in its insurance and investment portfolio by 2050, alongside a near-term goal of a 30% reduction in the carbon intensity of its self-managed liquid portfolio by 2025, compared to a 2019 baseline. Previous targets included a 30% reduction in carbon intensity for Scope 1 and Scope 2 emissions by 2025, against a 2020 baseline. The company has also achieved climate neutrality for business travel using Deutsche Bahn's long-distance trains since January 2018.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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