Gjensidige Forsikring ASA

Common Name
Gjensidige Forsikring
Country
Norway
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
4,664
Ticker
GJF
Exchange
OSLO BORS
Description
Gjensidige Forsikring ASA is a prominent general insurance company headquartered in Oslo, Norway, serving the Nordic and Baltic regions. Established in its earliest form in 1816, the company has evolv...

Gjensidige Forsikring's GHG Emissions Data Preview

In 2023, Gjensidige Forsikring completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Gjensidige Forsikring has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Gjensidige Forsikring's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Gjensidige Forsikring amounted to 962 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Gjensidige Forsikring decreased by 4.09%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Gjensidige Forsikring's Scope 1 Emissions Over Time

2018201920202021202220230150300450600tCO2e+4%-19%-16%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Gjensidige Forsikring's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Gjensidige Forsikring were 319 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Gjensidige Forsikring's Scope 1 emissions decreased by 2.74%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Gjensidige Forsikring's Scope 2 emissions?

In 2023, Gjensidige Forsikring reported Scope 2 greenhouse gas (GHG) emissions of 340 tCOâ‚‚e using the market-based method, and 643 tCOâ‚‚e using the location-based method.

Has Gjensidige Forsikring reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Gjensidige Forsikring's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Gjensidige Forsikring 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Gjensidige Forsikring use for Scope 2 reporting?

In 2023, Gjensidige Forsikring reported its Scope 2 emissions using the market-based method and using the location-based method.

Gjensidige Forsikring's Scope 2 Emissions Over Time

20182019202020212022202301.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Gjensidige Forsikring's Value Chain Emissions

In 2023, Gjensidige Forsikring reported 193,584 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Gjensidige Forsikring includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Gjensidige Forsikring's Scope 3 Emissions Over Time

201820192020202120222023065 k130 k195 k260 ktCO2e+2851%-19%+606%-22%0%
  • Total Scope 3
  • Year-over-Year Change

What are Gjensidige Forsikring's Scope 3 emissions?

In 2023, Gjensidige Forsikring reported total Scope 3 emissions of 193,584 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 19.06% of these emissions originated from upstream activities such as purchased goods and capital goods, while 80.94% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Gjensidige Forsikring reduced its Scope 3 emissions over time?

Since 2018, Gjensidige Forsikring's Scope 3 emissions have increased by 13,024.34%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Gjensidige Forsikring's Scope 3 emissions remained relatively stable, indicating that Gjensidige Forsikring 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Gjensidige Forsikring disclose?

In 2023, Gjensidige Forsikring reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Gjensidige Forsikring's Scope 3 emissions?

In 2023, the largest contributors to Gjensidige Forsikring's Scope 3 emissions were:

  • Investments (Cat. 15): 145,563 tCOâ‚‚e (75.19%)
  • Purchased Goods and Services (Cat. 1): 35,297 tCOâ‚‚e (18.23%)
  • Franchises (Cat. 14): 11,132 tCOâ‚‚e (5.75%)

Gjensidige Forsikring's Scope 3 Emissions by Categories

Investments(Cat. 15)(75.2%)Franchises (Cat. 14)(5.8%)Purchased Goods andServices (Cat. 1)(18.2%)

Insights into Gjensidige Forsikring's Total Carbon Footprint

In 2023, Gjensidige Forsikring reported a total carbon footprint of 194,546 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.36% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Gjensidige Forsikring's total carbon footprint was Scope 3 emissions, accounting for 99.51% of the company's total carbon footprint, followed by Scope 2 emissions at 0.33%.

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