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QBE Insurance

Sustainability Report and Carbon Intensity Rankings

Is QBE Insurance doing their part?

Their DitchCarbon score is 39

QBE Insurance has a DitchCarbon Score of 39 out of 100, indicating room for improvement in their sustainability practices. This score reflects a moderate level of carbon intensity in their operations. The company can aim to reduce its carbon footprint to achieve a higher score and better environmental performance.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

QBE Insurance operates within the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

QBE Insurance, located in Australia, operates in a region with a very high carbon intensity rating. This suggests that the company’s sustainability efforts may face challenges due to the high carbon footprint associated with the country’s energy production and consumption.
11.83%

...this company is doing 11.83% worse in emissions than the industry average.

Founded in 1886, QBE Insurance is a prominent player in the finance sector, specializing in insurance and reinsurance services. Headquartered in Sydney, Australia, the company has expanded its operations to employ over 14,500 people across 37 countries. QBE Insurance offers a wide range of services, ensuring peace of mind for its clients in Australia and internationally for more than 128 years.

Bad news, QBE Insurance hasn't committed to SBTi goals yet

QBE Insurance has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining its goals for reducing greenhouse gas emissions in line with climate science.

There’s always room for improvement,

DitchCarbon recommends...

QBE Insurance should undertake a thorough inventory of all Scope 1 emissions sources to identify and mitigate direct greenhouse gas emissions, which could potentially reduce their emissions by 15%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.