Baloise Group, a prominent player in the insurance and financial services industry, is headquartered in Switzerland (CH) and operates extensively across Europe, particularly in Germany, Belgium, and Luxembourg. Founded in 1863, Baloise has established a strong market presence, evolving through key milestones that reflect its commitment to innovation and customer-centric solutions.
The company offers a diverse range of products and services, including life insurance, property and casualty insurance, and pension solutions, distinguished by their tailored approach and robust digital platforms. Baloise Group is recognised for its strong financial stability and customer satisfaction, positioning itself as a trusted partner in risk management and financial planning. With a focus on sustainability and digital transformation, Baloise continues to adapt to the changing needs of its clients, solidifying its reputation as a leader in the insurance sector.
+5 vs industry average
Baloise Group’s score of 42 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Baloise Group's reported carbon emissions
In 2024, Baloise Group reported total carbon emissions of approximately 1.58 billion kg CO2e. This figure includes Scope 1 emissions of about 4.8 million kg CO2e, Scope 2 emissions of approximately 0.6 million kg CO2e (market-based), and a significant Scope 3 contribution of around 1.58 billion kg CO2e. The Scope 3 emissions are primarily driven by investments, which account for about 1.49 billion kg CO2e. Baloise Group has set ambitious climate commitments, aiming for a 50% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2019 as the baseline year. This target reflects the company's proactive approach to addressing its carbon footprint and aligns with industry standards for climate action. In 2023, the company reported total emissions of approximately 87.8 million kg CO2e, with Scope 1 emissions at about 4.1 million kg CO2e and Scope 2 emissions at approximately 0.6 million kg CO2e. The Scope 3 emissions for that year were around 83.1 million kg CO2e, indicating a substantial reliance on indirect emissions sources. Baloise Group's commitment to reducing emissions demonstrates its dedication to sustainability and climate responsibility, positioning it as a forward-thinking leader in the insurance industry.
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Baloise Group’s Climate Goals (2030 & 2050)
2 goals2030
50% reduction in Scope 2
The intermediate target is a reduction in emissions by up to 50% by 2030, starting from the base year.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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Baloise Group
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