Talanx

Talanx's commitment to climate action is demonstrated through a series of emission reduction targets and operational adjustments. For the 2025 reporting year, the company's total emissions were approximately 101.1 billion kg CO2e. This figure encompasses Scope 1, Scope 2 (market-based), and Scope 3 emissions. Specifically, for 2025, Scope 1 emissions amounted to approximately 15.9 billion kg CO2e, Scope 2 (market-based) emissions were about 41.3 billion kg CO2e, and Scope 3 emissions reached approximately 43.9 billion kg CO2e.

In 2024, Talanx reported total emissions of approximately 78.6 billion kg CO2e. This included Scope 1 emissions of about 12.9 billion kg CO2e, Scope 2 (market-based) emissions of approximately 45.7 billion kg CO2e, and Scope 3 emissions of around 19.9 billion kg CO2e.

Looking back, in 2023, Talanx's total emissions were approximately 69.8 billion kg CO2e. This was comprised of Scope 1 emissions at about 8.8 billion kg CO2e, Scope 2 emissions (market-based) at roughly 9.7 billion kg CO2e, and Scope 3 emissions at approximately 12.6 billion kg CO2e.

Talanx has set several significant reduction targets:

• A target to achieve GHG neutrality in its global own operations by 2030 at the latest, including the offsetting of residual emissions.
• A new reduction target for Group-wide Scope 1 and market-based Scope 2 emissions from its own operations, aiming to reduce combined annual greenhouse gas emissions to a maximum of 12,700 tonnes CO2e by 2030. This represents a 25% reduction compared to the 2024 base year.
• A commitment to reduce its portfolio's carbon footprint by 30% by 2025 compared to the 2019 baseline, as a step towards carbon neutrality by 2050.
• Previously, Talanx aimed for a 30% reduction in carbon intensity for its Scope 1 and Scope 2 emissions compared to the 2020 baseline by 2025.

These commitments are cascaded from Talanx AG, indicating a unified approach to sustainability across the corporate family.