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updated 3 months ago

Zurich Financial Services, Life Operations & Certain Non-Life Operations in France Sustainability Profile

Company website

Zurich Financial Services, commonly referred to as Zurich, is a leading global insurer headquartered in France. Established in 1872, Zurich has built a strong presence in the insurance industry, particularly in life operations and certain non-life operations. With major operational regions across Europe, the company offers a diverse range of products and services, including life insurance, pensions, and property and casualty coverage. Zurich is renowned for its customer-centric approach and innovative solutions tailored to meet the evolving needs of individuals and businesses. The company has achieved significant milestones, solidifying its market position as a trusted provider of insurance and risk management services. With a commitment to sustainability and excellence, Zurich continues to set benchmarks in the insurance sector, making it a preferred choice for clients in France and beyond.

DitchCarbon Score

How does Zurich Financial Services, Life Operations & Certain Non-Life Operations in France'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.

32

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Zurich Financial Services, Life Operations & Certain Non-Life Operations in France's score of 32 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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Zurich Financial Services, Life Operations & Certain Non-Life Operations in France's reported carbon emissions

Inherited from Assicurazioni Generali S.p.A.

Zurich Financial Services, Life Operations & Certain Non-Life Operations in France currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The organisation is a merged entity, inheriting its climate commitments and performance data from Assicurazioni Generali S.p.A., which is at cascade level 1. While there are no documented reduction targets or specific climate pledges from Zurich Financial Services, the broader context of its parent company, Assicurazioni Generali S.p.A., may provide insights into its climate strategy. Assicurazioni Generali has been active in addressing climate change, although specific targets and achievements have not been detailed in the available data. As a merged entity, Zurich Financial Services is expected to align with the sustainability initiatives and climate commitments of Assicurazioni Generali, which may include participation in industry-standard frameworks such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, without specific emissions data or reduction targets from Zurich Financial Services itself, a comprehensive assessment of its carbon footprint and climate commitments remains unclear.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201420152016201820192020202120222023
Scope 1
-
00,000,000
00,000,000
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
-
00,000,000
00,000,000
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
00,000,000
00,000,000
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000

How Carbon Intensive is Zurich Financial Services, Life Operations & Certain Non-Life Operations in France's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Zurich Financial Services, Life Operations & Certain Non-Life Operations in France's primary industry is , which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Zurich Financial Services, Life Operations & Certain Non-Life Operations in France's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Zurich Financial Services, Life Operations & Certain Non-Life Operations in France is in FR, which has a very low grid carbon intensity relative to other regions.

Zurich Financial Services, Life Operations & Certain Non-Life Operations in France's Scope 3 Categories Breakdown

Zurich Financial Services, Life Operations & Certain Non-Life Operations in France's Scope 3 emissions, which increased by 3% last year and decreased by approximately 4% since 2015, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 45% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 60% of Scope 3 emissions.

Top Scope 3 Categories

2023
Fuel and Energy Related Activities
60%
Business Travel
25%
Purchased Goods and Services
12%
Waste Generated in Operations
3%

Zurich Financial Services, Life Operations & Certain Non-Life Operations in France's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Zurich Financial Services, Life Operations & Certain Non-Life Operations in France has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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