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.
-8 vs industry average
Credendo’s score of 29 is lower than 40% 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.
Credendo's reported carbon emissions
Credendo, headquartered in Belgium (BE), reported total emissions of approximately 5,140,110 kg CO2e for the 2024 reporting year. This total encompasses Scope 1 emissions, including approximately 257,005.5 kg CO2e from mobile combustion and 154,203.3 kg CO2e from stationary combustion. Scope 2 emissions, specifically from purchased electricity, were approximately 51,401.1 kg CO2e. Additionally, Scope 3 emissions included about 411,208.8 kg CO2e from business travel and 0 kg CO2e from waste generated in operations.
Credendo has disclosed data across all three scopes, although specific upstream categories for Scope 3, such as purchased goods and services, were identified as missing data points. The organisation has not provided information on specific reduction targets or commitments from the latest available data.
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Credendo’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Credendo yet.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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Credendo
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