Helvetia Holding AG

Common Name
Helvetia Holding
Country
Switzerland
Sector
Financial Services
Industry
Insurance - Diversified
Employees
14,631
Ticker
HELN
Exchange
SIX SWISS EXCHANGE
Description
Helvetia Holding AG is a Swiss-based diversified insurance holding company with a history dating back to 1858. Its primary purpose is to oversee a broad range of insurance activities, encompassing bot...

Helvetia Holding's GHG Emissions Data Preview

In 2024, Helvetia 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 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

Verified Sources Behind Helvetia 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 Holding’s data sources below and access millions more through our Disclosure Search.

a. Helvetia Holding's Annual Report 2024
a. Helvetia Holding's Annual Report 2024
b. Helvetia Holding's Sustainability Report 2023
b. Helvetia Holding's Sustainability Report 2023
c. Helvetia Holding's Sustainability Report 2022
c. Helvetia Holding's Sustainability Report 2022
d. Helvetia Holding's Corporate Responsibility Report (CRR) 2018
d. Helvetia Holding's Corporate Responsibility Report (CRR) 2018

Insights into Helvetia Holding's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Helvetia Holding amounted to 18,317 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). a

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

Helvetia Holding's Scope 1 Emissions Over Time

201820192020202120222023202402.5 k5 k7.5 k10 ktCO2e+1%-11%+34%+6%-5%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Helvetia Holding's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Helvetia Holding were 8,631 metric tons of CO₂ equivalent (tCO₂e). a

Has Helvetia Holding reduced its Scope 1 emissions over time?

Since 2018, Helvetia Holding's Scope 1 emissions have increased by 18.02%, reflecting a rising long-term trend in Scope 1 emissions over time. a d

Compared to the previous year (2023), Helvetia 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 Holding's Scope 2 emissions?

In 2024, Helvetia Holding reported Scope 2 greenhouse gas (GHG) emissions of 101 tCO₂e using the market-based method and 9,686 tCO₂e using the location-based method. a

Has Helvetia Holding reduced its Scope 2 emissions over time?

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

What methodology does Helvetia Holding use for Scope 2 reporting?

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

Helvetia Holding's Scope 2 Emissions Over Time

201820192020202120222023202402.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Helvetia Holding's Value Chain Emissions

In 2024, Helvetia Holding reported 6,683,217 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Helvetia Holding includes a breakdown across 6 of 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 chain a

Helvetia Holding's Scope 3 Emissions Over Time

201820192020202120222023202402 M4 M6 M8 MtCO2e0%-17%+111%+4%+1535%+19881%
  • Total Scope 3
  • Year-over-Year Change

What are Helvetia Holding's Scope 3 emissions?

In 2024, Helvetia Holding reported total Scope 3 emissions of 6,683,217 metric tons of CO₂ equivalent (tCO₂e). 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 Holding reduced its Scope 3 emissions over time?

Since 2018, Helvetia Holding's Scope 3 emissions have increased by 592,383.78%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Helvetia 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 Holding disclose?

In 2024, Helvetia 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 Holding's Scope 3 emissions?

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

  • Investments (Cat. 15): 6,646,000 tCO₂e (99.44%)
  • Employee Commuting (Cat. 7): 21,960 tCO₂e (0.33%)
  • Business Travel (Cat. 6): 11,986 tCO₂e (0.18%)

Helvetia Holding's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.4%)

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

In 2024, Helvetia Holding reported Scope 1 greenhouse gas (GHG) emissions of 8,631 tCO₂e and total revenues of USD 12,396 millions. This translates into an emissions intensity of 0.7 tCO₂e per millions USD. a

Helvetia Holding's Scope 1 Emissions Intensity Compared to Peers

202001,00010,00050,000Scope 1 Emissions (tCO2e)1005005,00020,000200,000Revenues (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: $M 56,410Scope 1 Intensity: 0.32 tCO2e/$MVZ HoldingYear: 2024Scope 1: 316 tCO2eRevenue: $M 627Scope 1 Intensity: 0.50 tCO2e/$MLuzerner KantonalbankYear: 2024Scope 1: 476 tCO2eRevenue: $M 778Scope 1 Intensity: 0.61 tCO2e/$MSwissquote Group HoldingYear: 2024Scope 1: 83 tCO2eRevenue: $M 734Scope 1 Intensity: 0.11 tCO2e/$MEFG InternationalYear: 2024Scope 1: 556 tCO2eRevenue: $M 1,655Scope 1 Intensity: 0.34 tCO2e/$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: $M 712Scope 1 Intensity: 0.40 tCO2e/$MHelvetia HoldingYear: 2024Scope 1: 8,631 tCO2eRevenue: $M 12,396Scope 1 Intensity: 0.70 tCO2e/$M

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

In 2024, Helvetia Holding reported a Scope 1 emissions intensity of 0.7 tCO₂e 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 Holding rank on GHG emissions intensity within its industry?

In 2024, Helvetia Holding ranked 20 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Helvetia Holding's Total Carbon Footprint

In 2024, Helvetia Holding reported a total carbon footprint of 6,701,534 metric tons of CO₂ equivalent (tCO₂e) 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. a b

The largest contributor to Helvetia 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 Holding's GHG Emissions Dataset?
Sign Up