Helvetia Holding AG

Common Name
Helvetia Holding
Country
Switzerland
Sector
Financial Services
Industry
Insurance - Diversified
Employees
11,915
Ticker
HELN
Exchange
SIX SWISS EXCHANGE
Description
Helvetia Holding AG is a diversified insurance company headquartered in St. Gallen, Switzerland. As the parent entity of the Helvetia Group, Helvetia Holding AG operates as an internationally active m...

Helvetia Holding's Climate Target Data Preview

As of 2024, Helvetia Holding has disclosed 16 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 12 absolute reduction targets and 4 intensity-based target 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 Helvetia Holding ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2035
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2035
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2035
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2035
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2040
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2040
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2040
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2040
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2035
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2040
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2050
*. 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 Helvetia Holding’s Climate Targets Data

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a. Helvetia Holding's Annual Report 2024
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Insights into Helvetia Holding's Greenhouse Gas Emissions Pathways

As of 2024, Helvetia Holding has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Helvetia Holding have a target to reduce the emissions from its operations?

As of 2024, Helvetia Holding has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Helvetia Holding's most ambitious operational target is to reduce these emissions by 76% by 2040, compared to a baseline of 8,826 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023. a

As of 2024, Helvetia Holding is lagging behind on its operational emissions reduction target, having achieved 2.91% of the planned reduction. a

Helvetia Holding's Operational (Scope 1+2) Emissions Pathway

2023202420302035204002.5 k5 k7.5 k10 kCurrent (-2%)Target 2030 (-28%)Target 2035 (-52%)Target 2040 (-76%)

Does Helvetia Holding have a target to reduce the emissions from its value chain?

As of 2024, Helvetia Holding 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. a

Helvetia Holding's most ambitious value chain target is to reduce these emissions by 95% by 2050, compared to a baseline of 0.014 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2020. a

As of 2024, Helvetia Holding is lagging behind on its value chain emissions reduction target, having achieved 8.27% of the planned reduction. a

Helvetia Holding's Value Chain (Scope 3) Emissions Pathway

202020242030203520402050000.010.010.01Current (-8%)Target 2030 (-45%)Target 2035 (-65%)Target 2050 (-95%)
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