- Skills shortage risk due to unavailable skill sets and poor employer branding.
- Reputational risk from failing to adequately consider ESG factors in investment and underwriting.
- Loss of reputation or trust due to social matters.
- Business and reputational risk from failing partnerships.
Baloise Group
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Baloise Group disclosed greenhouse gas emissions of 11.1K tCO2e/year (2023). By scope: Scope 1: 4.1K tCO2e/year (2023); Scope 2: 631.9 tCO2e/year (2023); Scope 3: 6.4K tCO2e/year (2023). 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
11.1K tCO2e/year (2023)
2023
Renewable Energy
100% (at locations where Baloise can choose the electricity mix)
of total energy
Water Usage
38.7K m3/year (2023)
2023
Waste
510.1 tons/year (2023)
2023
Energy Use
27.4M kWh/year (2023)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 4.1K tCO2e/year (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 631.9 tCO2e/year (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 6.4K tCO2e/year (2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 11.1K tCO2e/year (2023) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced operational emissions by more than 75% since 2000
- 100% renewable energy use in controlled energy mix in Switzerland, Germany, Belgium, and Luxembourg.
- Adopted a climate roadmap with a target of 25% reduction in operational emissions by 2030 compared to 2022.
- Offsetting CO2 emissions since 2020 through certified climate protection projects (around 11,000 tonnes in 2023).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce operational emissions by 25% by 2030 compared to 2022.
- Determine reduction targets for investment and insurance portfolios by 2025.
🔭 Long-term
- Net zero emissions by 2050.
🌱 ESG Focus Areas
Climate ChangeEnvironmental MattersSocial MattersCorporate GovernanceHuman RightsResponsible InvestmentResponsible Underwriting