Helvetia Holding AG

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2019

In its 2023 reporting, Helvetia Holding AG disclosed greenhouse gas emissions of 43.1K tCO2e/year. By scope: Scope 1: 12.7K tCO2e/year; Scope 2: 29.9K tCO2e/year (location-based) 253 tCO2e/year (market-based); Scope 3: 30.1K tCO2e/year. 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.

💨
GHG Emissions
43.1K tCO2e/year
2023
⚡
Renewable Energy
100% of total electricity use
of total energy
💧
Water Usage
394.0K m3/year
2023
♻️
Waste
2.7K tons/year
2023
⚙️
Energy Use
75.8K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).12.7K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.29.9K tCO2e/year (location-based) 253 tCO2e/year (market-based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).30.1K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202343.1K tCO2e/year
201915.0K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Develop an emission reduction method by the end of 2024
  • Fully operationalise fossil fuel policy in 2024

📅 Medium-term

  • Reduce GHG emissions from operations to net zero by 2040
  • Define medium-term targets and measures for achieving net-zero emissions in investment and insurance business by 2050

🔭 Long-term

  • Reduce indirect emissions from investment and insurance business to net zero by 2050

🌱 ESG Focus Areas

Climate change and the environmentSustainability risksChanging needs of customersWell-being and needs of employeesHuman rightsFight against corruption and bribery

⚠️ Challenges & Risks +

  • Increasing GHG emissions due to post-pandemic in-person meetings, company growth, and revised emission factors
  • Difficulty in influencing employee commuter behavior
  • Dependency on fossil fuels for heating
  • Uncertainty regarding the interpretation of EU Taxonomy Regulation

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, EU Taxonomy Regulation, TCFD, UN Global Compact, Principles for Responsible Investment (PRI), CDP
Assurance: KPMG (limited assurance for social, employee, human rights, and anti-corruption aspects); Swiss Climate AG (limited assurance for GHG accounting of own operations)