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Public Profile
Insurance Services
BE
updated 2 months ago

Credendo Sustainability Profile

Company website

Credendo, officially known as Credendo Group, is a leading provider of credit insurance and risk management solutions headquartered in Belgium (BE). Established in 1921, the company has evolved to serve a diverse range of clients across Europe and beyond, specialising in trade credit insurance, political risk insurance, and surety bonds. With a strong focus on innovation, Credendo offers unique products that cater to the specific needs of businesses navigating complex international markets. The company has garnered a solid market position, recognised for its expertise in mitigating risks associated with cross-border trade. Notable achievements include a robust portfolio that supports companies in managing their credit risks effectively, ensuring sustainable growth in an ever-changing economic landscape.

DitchCarbon Score

How does Credendo'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.

26

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.

31

Industry Benchmark

Credendo's score of 26 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

40%

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Credendo's reported carbon emissions

Credendo, headquartered in Belgium (BE), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. This lack of data suggests that Credendo may not have established formal commitments to reduce carbon emissions or may be in the early stages of developing such initiatives. As the climate landscape evolves, it will be important for Credendo to consider setting measurable targets and engaging in industry-standard climate commitments to enhance its sustainability profile.

How Carbon Intensive is Credendo's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Credendo's primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Credendo'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 Credendo is in BE, which has a very low grid carbon intensity relative to other regions.

Credendo'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.

Credendo 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

Compare Credendo's Emissions with Industry Peers

Fitch Ratings, Ltd.

GB
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Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

S&P Global

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Hartford

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 3 days ago

Aon

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Axa

FR
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 3 days ago

Qbe Insurance

AU
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 3 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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