📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.

Helvetia Baloise Holding AG

Common Name
Helvetia Baloise Holding
Country
Switzerland
Sector
Financial Services
Industry
Insurance - Diversified
Employees
14,631
Ticker
HBAN
Exchange
SIX SWISS EXCHANGE
Description
Helvetia Baloise Holding AG is a leading multi-line insurance group based in Switzerland, recognized as the largest in the country and a significant player in the European insurance market. Founded in...

Helvetia Baloise Holding's GHG Emissions Data Preview

In 2024, Helvetia Baloise Holding 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).

Helvetia Baloise Holding 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
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
c
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
c
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
c
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
c
0000000
Download Data
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=HBAN&reporting_period=2024"

Verified Sources Behind Helvetia Baloise Holding’s Greenhouse Gas (GHG) Emissions 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. Explore Helvetia Baloise Holding’s data sources below and access millions more through our Disclosure Search.

a. Helvetia Baloise Holding's Annual Report 2024
a. Helvetia Baloise Holding's Annual Report 2024
b. Helvetia Baloise Holding's Sustainability Report 2023
b. Helvetia Baloise Holding's Sustainability Report 2023
c. Helvetia Baloise Holding's Sustainability Report 2022
c. Helvetia Baloise Holding's Sustainability Report 2022
d. Helvetia Baloise Holding's Corporate Responsibility Report (CRR) 2019
d. Helvetia Baloise Holding's Corporate Responsibility Report (CRR) 2019

Insights into Helvetia Baloise Holding's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofHelvetia Baloise Holding amounted to18,317metric 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Helvetia Baloise Holdingdecreased by 2.29%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Helvetia Baloise Holding's Scope 1 Emissions Over Time

20192020202120222023202402.5 k5 k7.5 k10 ktCO2e-11%+34%+6%-5%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Helvetia Baloise Holding's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Helvetia Baloise Holding were 8,631 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Helvetia Baloise Holding reduced its Scope 1 emissions over time?

Since 2019, Helvetia Baloise Holding's Scope 1 emissions have increased by 17.4%, reflecting a rising long-term trend in Scope 1 emissions over time.ad

Compared to the previous year(2023), Helvetia Baloise Holding's Scope 1 emissions decreased by 2.21%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Helvetia Baloise Holding's Scope 2 emissions?

In 2024, Helvetia Baloise Holding reported Scope 2 greenhouse gas (GHG) emissions of 101 tCOâ‚‚e using the market-based method and 9,686 tCOâ‚‚e using the location-based method.a

Has Helvetia Baloise Holding reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Helvetia Baloise Holding's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Helvetia Baloise Holding's emissions have plateaued with no significant change in its energy consumption footprint.ab

What methodology does Helvetia Baloise Holding use for Scope 2 reporting?

In 2024, Helvetia Baloise Holding reported its Scope 2 emissions using the market-based method and using the location-based method.a

Helvetia Baloise Holding's Scope 2 Emissions Over Time

20192020202120222023202402.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Helvetia Baloise Holding's Value Chain Emissions

In 2024, Helvetia Baloise Holding reported 6,683,217 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Helvetia Baloise Holding includes a breakdown across 6of the 15 Scope 3 categories defined by the GHG Protocol,up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Helvetia Baloise Holding's Scope 3 Emissions Over Time

20192020202120222023202402 M4 M6 M8 MtCO2e-17%+111%+4%+1535%+19881%
  • Total Scope 3
  • Year-over-Year Change

What are Helvetia Baloise Holding's Scope 3 emissions?

In 2024, Helvetia Baloise Holding reported total Scope 3 emissions of 6,683,217 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 0.56%of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.44%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Helvetia Baloise Holding reduced its Scope 3 emissions over time?

Since 2019, Helvetia Baloise Holding's Scope 3 emissionshave increased by 593,436.15%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Helvetia Baloise Holding's Scope 3 emissions increased by 19,880.92%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Helvetia Baloise Holding disclose?

In 2024, Helvetia Baloise Holding reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a

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

What are the main sources of Helvetia Baloise Holding's Scope 3 emissions?

In 2024, the largest contributors to Helvetia Baloise Holding's Scope 3 emissions were:a

  • Investments (Cat. 15): 6,646,000 tCOâ‚‚e(99.44%)
  • Employee Commuting (Cat. 7): 21,960 tCOâ‚‚e(0.33%)
  • Business Travel (Cat. 6): 11,986 tCOâ‚‚e(0.18%)

Helvetia Baloise Holding's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.4%)

Insights into Helvetia Baloise Holding’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Helvetia Baloise Holding reported Scope 1 greenhouse gas (GHG) emissions of 8,631 tCOâ‚‚e and total revenues of USD 12,396 millions. This translates into an emissions intensity of 0.7 tCOâ‚‚e per millions USD.a

Helvetia Baloise Holding's Scope 1 Emissions Intensity Compared to Peers

201001,0005,00050,000Scope 1 Emissions (tCO2e)502002,00020,000200,000Revenues (Millions of USD)Banque Cantonale VaudoiseYear: 2024Scope 1: 1,211 tCO2eRevenue: $M 1,259Scope 1 Intensity: 0.96 tCO2e/$MZurich Insurance GroupYear: 2023Scope 1: 17,865 tCO2eRevenue: $M 56,410Scope 1 Intensity: 0.32 tCO2e/$MSwissquote Group HoldingYear: 2024Scope 1: 83 tCO2eRevenue: $M 734Scope 1 Intensity: 0.11 tCO2e/$MZuger KantonalbankYear: 2024Scope 1: 124 tCO2eRevenue: $M 357Scope 1 Intensity: 0.35 tCO2e/$MBaloise HoldingYear: 2024Scope 1: 4,785 tCO2eRevenue: $M 7,027Scope 1 Intensity: 0.68 tCO2e/$MVontobel HoldingYear: 2024Scope 1: 308 tCO2eRevenue: $M 1,567Scope 1 Intensity: 0.20 tCO2e/$MCompagnie Financiere TraditionYear: 2023Scope 1: 367 tCO2eRevenue: $M 1,168Scope 1 Intensity: 0.31 tCO2e/$MPartners Group HoldingYear: 2024Scope 1: 467 tCO2eRevenue: $M 2,229Scope 1 Intensity: 0.21 tCO2e/$MSwiss Life HoldingYear: 2024Scope 1: 5,842 tCO2eRevenue: $M 15,936Scope 1 Intensity: 0.37 tCO2e/$MSwiss ReYear: 2024Scope 1: 1,728 tCO2eRevenue: $M 7,033Scope 1 Intensity: 0.25 tCO2e/$MBasler KantonalbankYear: 2024Scope 1: 286 tCO2eRevenue: $M 728Scope 1 Intensity: 0.39 tCO2e/$MJulius Baer GruppeYear: 2024Scope 1: 2,044 tCO2eRevenue: $M 4,303Scope 1 Intensity: 0.48 tCO2e/$MBanque Cantonale du ValaisYear: 2023Scope 1: 259 tCO2eRevenue: $M 343Scope 1 Intensity: 0.76 tCO2e/$MBerner KantonalbankYear: 2024Scope 1: 570 tCO2eRevenue: $M 621Scope 1 Intensity: 0.92 tCO2e/$MValiant HoldingYear: 2024Scope 1: 1,032 tCO2eRevenue: $M 612Scope 1 Intensity: 1.69 tCO2e/$MGraubuendner KantonalbankYear: 2024Scope 1: 187 tCO2eRevenue: $M 564Scope 1 Intensity: 0.33 tCO2e/$MUBS GroupYear: 2024Scope 1: 18,168 tCO2eRevenue: $M 36,563Scope 1 Intensity: 0.50 tCO2e/$MSt Galler KantonalbankYear: 2024Scope 1: 273 tCO2eRevenue: $M 619Scope 1 Intensity: 0.44 tCO2e/$MVaudoise Assurances HoldingYear: 2023Scope 1: 527 tCO2eRevenue: $M 1,784Scope 1 Intensity: 0.30 tCO2e/$MBanque Cantonale de GeneveYear: 2023Scope 1: 282 tCO2eRevenue: $M 712Scope 1 Intensity: 0.40 tCO2e/$MGlarner KantonalbankYear: 2024Scope 1: 46 tCO2eRevenue: $M 106Scope 1 Intensity: 0.43 tCO2e/$MThurgauer KantonalbankYear: 2024Scope 1: 210 tCO2eRevenue: $M 477Scope 1 Intensity: 0.44 tCO2e/$MHelvetia Baloise HoldingYear: 2024Scope 1: 8,631 tCO2eRevenue: $M 12,396Scope 1 Intensity: 0.70 tCO2e/$M

How does Helvetia Baloise Holding's GHG emissions intensity compare to its peers?

In 2024, Helvetia Baloise Holding reported a Scope 1 emissions intensity of 0.7 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.39, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Helvetia Baloise Holding rank on GHG emissions intensity within its industry?

In 2024, Helvetia Baloise Holding ranked 19 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Helvetia Baloise Holding among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Helvetia Baloise Holding's Total Carbon Footprint

In 2024, Helvetia Baloise Holding reported a total carbon footprint of 6,701,534 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12,739.66% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Helvetia Baloise Holding's total carbon footprint was Scope 3 emissions, accounting for 99.73% of the company's total carbon footprint, followed by Scope 2 emissions at 0.14%.a

Want Full Access to Helvetia Baloise Holding's GHG Emissions Dataset?
Sign Up