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Credendo, officially known as Credendo Group, is a prominent provider of insurance and pension funding services, specialising in credit insurance solutions beyond compulsory social security. Headquartered in Brussels, Belgium, the company serves a diverse range of clients across Europe, Africa, and Asia, supporting international trade and economic stability.
Founded in 2016 through the merger of several European export credit agencies, Credendo has established itself as a key player in the credit insurance industry. Its core offerings include export credit insurance, political risk coverage, and trade finance solutions, recognised for their customised approach and risk management expertise.
With a strong market position, Credendo is known for its comprehensive risk assessment capabilities and commitment to fostering global trade. Its strategic focus on innovation and client service has earned it a notable reputation within the insurance and pension funding sectors.
32
DitchCarbon score
-7 vs industry average
Credendo’s score of 32 is lower than 44% 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
Very Low
Insurance Services is among the least carbon-intensive industries
Industry performance
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Credendo's reported carbon emissions
In 2024, Credendo, an insurance and pension funding services provider headquartered in Belgium, reported total carbon emissions of approximately 5,140,110 kg CO2e. This comprised Scope 1 emissions of about 514,011 kg CO2e, Scope 2 emissions of approximately 51,401 kg CO2e, and Scope 3 emissions totalling around 4,574,698 kg CO2e. The Scope 1 emissions included mobile combustion (257,006 kg CO2e) and stationary combustion (154,203 kg CO2e). Scope 2 emissions were entirely from purchased electricity (51,401 kg CO2e). Key contributors to Scope 3 emissions were purchased goods and services (3,957,885 kg CO2e), business travel (411,209 kg CO2e), capital goods (102,802 kg CO2e), and employee commutes (102,802 kg CO2e). Credendo has not publicly disclosed specific reduction targets or climate pledges.
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Credendo’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Credendo yet.
Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Credendo23 days ago
32
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