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Hannover Rueck SE

Common Name
Hannover Rueck
Country
Germany
Sector
Financial Services
Industry
Insurance - Reinsurance
Employees
3,732
Ticker
HNR1
Exchange
Deutsche Börse Frankfurt
Description
Hannover Rück SE is a Societas Europaea (SE), operating as one of the world's leading reinsurance companies headquartered in Hannover, Germany. Founded in 1966, it specializes in property & casualty a...

Hannover Rueck's Climate Target Data Preview

As of 2025, Hannover Rueck has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Hannover Rueck's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Revenue
-30%a
2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Enterprise Value Including Cash / Portfolio companies (EVIC)
-70%b
2029
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Hannover Rueck’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Hannover Rueck's Annual Report 2024
b. Hannover Rueck's Annual Report 2025

Insights into Hannover Rueck's Greenhouse Gas Emissions Pathways

As of 2025, Hannover Rueck has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations.ab

Does Hannover Rueck have a target to reduce the emissions from its value chain?

As of 2025, Hannover Rueck has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.ab

Hannover Rueck's most ambitious value chain target is to reduce these emissions by 70% by 2029, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Enterprise Value Including Cash / Portfolio companies (EVIC) in 2019.ab

As of 2025, Hannover Rueck is ahead of schedule on its value chain emissions reduction target, having achieved 92.86% of the planned reduction.ab

Hannover Rueck's Value Chain (Scope 3) Emissions Pathway

20192025202900000BaselineCurrent (-65%)
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