Talanx

Talanx AG, based in Germany, reported approximately 77.5 million kg CO2e in total Scope 1, 2, and 3 emissions for 2025. This includes about 15.9 million kg CO2e from Scope 1, 41.3 million kg CO2e from market-based Scope 2, and 20.3 million kg CO2e from Scope 3.

Talanx has set several climate commitments:

• Near-term Targets:
  • Reduce Scope 1 and Scope 2 carbon intensity by 30% by 2025, compared to a 2020 baseline, corresponding to an annual reduction of roughly 7%.
  • Achieve a 25% absolute reduction in combined Scope 1 and market-based Scope 2 emissions from its German operations by 2025, compared to a 2019 baseline.
  • Reduce the carbon intensity of its self-managed liquid portfolio by 30% by 2025, compared to a 2019 baseline.
  • Reduce combined annual Scope 1 and market-based Scope 2 greenhouse gas emissions to a maximum of 12.7 million kg CO2e by 2030, representing a 25% reduction compared to the 2024 baseline of 16.889 million kg CO2e.
  • Achieve GHG neutrality in its global operations (including offsetting residual emissions) by 2030 at the latest.
  • Aim for climate neutrality at its German locations from the 2019 financial year onwards for Scope 1 and Scope 2.
  • Target climate neutrality for business travel using Deutsche Bahn's long-distance trains from January 2018.
• Long-term Targets:
  • Achieve net-zero emissions in its underwriting and investment activities by 2050.
  • Achieve net-zero emissions from operations throughout the Group by 2030 at the latest.

Talanx's emissions data and reduction targets are cascaded from its parent company, Talanx AG.