- Supply chain emissions are very challenging to measure
Swiss Re
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
Renewable Energy
100%
of total energy
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 29.1K tCO2e/year (operational) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 64% reduction in absolute GHG emissions from business air travel relative to base year 2018
- 45% reduction of carbon intensity of corporate bond and listed equity portfolio relative to base year 2018
- Maintained 100% renewable electricity use in Swiss Re’s operations
🎯 Climate & Sustainability Targets
🔜 Short-term
- By 2025, 50% (2030: 100%) of Swiss Re´s gross written premiums (GWP) from oil and gas producers in its single-risk property and general liability portfolios is to come from companies committed to align to net zero by 2050
- By 2030, 60% of GWP from listed companies in Swiss Re´s single-risk property, general liability and commercial motor portfolios (excl. fossil fuels) is to come from corporates with science-based targets (SBTs) validated by a third party.
- Reduce the weighted average carbon intensity of Swiss Re’s corporate bond and listed equity portfolio by 35% (base year 2018)
- Reduce the weighted average carbon intensity of Swiss Re’s Swiss and German real estate portfolio by 5% (base year 2018)
📅 Medium-term
- By 2030: Phase-out of thermal coal-related re/insurance business in OECD countries
- By 2030: Reduce absolute Scope 1 GHG emissions of own operations by 53% (base year 2018)
- By 2030: Compensate remaining GHG emissions in scope 2 from operations with carbon certificates, linearly increasing the share of carbon removals from 0% to 100%
🔭 Long-term
- By 2040: Phase-out of thermal coal-related re/insurance business in the rest of the world
- Achieve net-zero GHG emissions across its operations by 2050
🌱 ESG Focus Areas
Net-zero transitionBuilding societal resilience