Vienna Insurance Group
Vienna Insurance Group (VIG), a leading player in the insurance industry, is headquartered in Austria (AT) and operates extensively across Central and Eastern Europe. Founded in 1824, VIG has established a strong presence in various markets, including Austria, the Czech Republic, and Slovakia, among others. The company offers a diverse range of insurance products and services, including life, health, and property insurance, distinguished by their customer-centric approach and innovative solutions. VIG's commitment to sustainability and digital transformation has positioned it as a market leader, recognised for its robust financial stability and comprehensive service offerings. With a rich history and a focus on growth, Vienna Insurance Group continues to set benchmarks in the insurance sector.
DitchCarbon Score
How does Vienna Insurance Group'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 Insurance Services 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
Vienna Insurance Group's score of 41 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vienna Insurance Group's reported carbon emissions
In 2023, Vienna Insurance Group reported total carbon emissions of approximately 34,889,000 kg CO2e. This figure includes about 16,855,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and about 17,065,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The company also recorded Scope 3 emissions related to business travel, amounting to approximately 969,000 kg CO2e. Over the years, Vienna Insurance Group has shown fluctuations in its emissions, with a peak of about 35,859,000 kg CO2e in 2019 and a notable reduction to approximately 28,652,000 kg CO2e in 2020. However, emissions increased again in subsequent years, reaching approximately 34,058,000 kg CO2e in 2022. Despite these figures, there are currently no publicly disclosed reduction targets or climate pledges from Vienna Insurance Group, indicating a potential area for improvement in their climate commitments. The company operates within an industry context that increasingly prioritises sustainability and carbon reduction, making it essential for them to establish clear targets to align with global climate goals.
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Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 16,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 18,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 850,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 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.
Vienna Insurance Group 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.
