Ethias Sustainability Profile
Ethias, officially known as Ethias SA, is a prominent insurance company headquartered in Belgium (BE). Established in 1907, Ethias has evolved into a key player in the insurance industry, primarily serving the Belgian market with a focus on life, health, and property insurance. The company is renowned for its commitment to customer-centric solutions and innovative insurance products tailored to meet diverse client needs. With a strong presence across major operational regions in Belgium, Ethias has achieved significant milestones, including the introduction of digital services that enhance customer experience. Its unique offerings, such as comprehensive coverage options and competitive pricing, position Ethias as a trusted choice for individuals and businesses alike. The company’s dedication to sustainability and social responsibility further solidifies its reputation in the market, making it a notable leader in the Belgian insurance landscape.
DitchCarbon Score
How does Ethias'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.
Industry Average
Mean score of companies in the Other 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.
Industry Benchmark
Ethias's score of 67 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Ethias's reported carbon emissions
In 2024, Ethias reported total carbon emissions of approximately 3,430,000,000 kg CO2e, with Scope 1 and 2 emissions accounting for about 10,269,170 kg CO2e. The company has set ambitious climate commitments, aiming for a 70% reduction in absolute greenhouse gas emissions (Scope 1 and 2) by 2030, using 2023 as the baseline year. Additionally, Ethias has committed to achieving net-zero emissions by 2050, as part of its alignment with the Science Based Targets initiative (SBTi). In 2023, Ethias's emissions were approximately 10,751,000 kg CO2e, with Scope 1 emissions at about 2,330,000 kg CO2e, Scope 2 at approximately 37,000 kg CO2e, and Scope 3 emissions reaching around 8,384,000 kg CO2e. The company is also targeting a 51% reduction in greenhouse gas emissions per square metre from its property investment portfolio by 2029. Ethias's climate strategy reflects a commitment to sustainability and responsible investment, positioning itself as a leader in the financial sector's transition to a low-carbon economy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,580,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 9,000 | 000,000 | 000,000 |
| Scope 3 | 1,750,000 | 00,000,000 | 0,000,000,000 |
How Carbon Intensive is Ethias's Industry?
How Carbon Intensive is Ethias's Location?
Ethias's Scope 3 Categories Breakdown
Ethias's Scope 3 emissions, which increased significantly last year and increased significantly since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 98% of Scope 3 emissions.
Top Scope 3 Categories
Ethias'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.
Ethias has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
P&V Assurances SCRL
Ing
Prudential Financial
Aviva
Aon
Metlife
Frequently Asked Questions
Common questions about Ethias's sustainability data and climate commitments