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 35 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Talanx's reported carbon emissions
In 2023, Talanx reported total carbon emissions of approximately 31,187,000 kg CO2e globally. This figure includes 8,821,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 9,739,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Additionally, Scope 3 emissions, which account for the indirect emissions in the value chain, totalled about 12,627,000 kg CO2e. In 2022, Talanx's global emissions were approximately 30,714,000 kg CO2e, indicating a slight increase in emissions in 2023. The company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a potential area for improvement in their climate commitments. For the German operations in 2020, Talanx reported Scope 1 emissions of about 2,809,000 kg CO2e and Scope 2 emissions of approximately 13,287,000 kg CO2e. The emissions data indicates a consistent approach to monitoring and reporting emissions across different scopes, although specific reduction strategies remain unspecified. Overall, while Talanx has made strides in emissions reporting, the absence of defined reduction targets highlights an opportunity for the company to enhance its climate strategy and commitments.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 11,425,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 16,168,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 19,603,000 | 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 committed to any reduction initiatives 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.
