- Low risk literacy among the population in CEE countries.
- Increasing damage caused by extreme weather events due to climate change.
- Rapidly changing regulatory environment related to sustainability reporting.
VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe disclosed greenhouse gas emissions of 34.1K tCO2e/year (office operations). By scope: Scope 1: 16.0K tCO2e/year; Scope 2: 17.4K tCO2e/year; Scope 3: 673 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
34.1K tCO2e/year (office operations)
2023
Energy Use
458.0M MJ/year
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). | 16.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 17.4K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 673 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Ringturm building in Vienna achieved EU Taxonomy compliance.
- Reduced coal risks in corporate business by 84% compared to 2019.
- Increased investments in green bonds to EUR 1,199 million in 2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Climate neutrality in office operations by 2030.
📅 Medium-term
- Reduce existing direct investments in coal by more than 50% compared to 2019 by the end of 2025.
🔭 Long-term
- Net zero emissions by 2050 in asset management, underwriting, and office operations.
🌱 ESG Focus Areas
Responsible InvestmentRisk LiteracyClimate Change MitigationClimate Change AdaptationEmployee Well-beingCustomer SatisfactionDiversity & InclusionSocial Responsibility