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Protector Forsikring ASA

Common Name
Protector Forsikring
Country
Norway
Sector
Financial Services
Industry
Insurance - Specialty
Employees
594
Ticker
PROT
Exchange
OSLO BORS
Description
Protector Forsikring ASA is a distinguished player in the non-life insurance sector, primarily involved in the provision of comprehensive insurance solutions. This company offers a wide range of produ...

Protector Forsikring's GHG Emissions Data Preview

In 2024, Protector 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).

Protector Forsikring has also provided a category-level breakdown for 7 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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a
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a
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b
0000000
Total Scope 2
Market-Based
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a
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b
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b
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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b
0000000
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Verified Sources Behind Protector Forsikring’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 Protector Forsikring’s data sources below and access millions more through our Disclosure Search.

a. Protector Forsikring's Annual Report 2024
a. Protector Forsikring's Annual Report 2024
b. Protector Forsikring's Annual Report 2023
b. Protector Forsikring's Annual Report 2023

Insights into Protector Forsikring's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofProtector Forsikring amounted to78metric 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 Protector Forsikringdecreased by 45.45%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Protector Forsikring's Scope 1 Emissions Over Time

20222023202400.40.81.21.6tCO2e-100%
  • Total Scope 1
  • Year-over-Year Change

What are Protector Forsikring's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Protector Forsikring were 0 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Protector Forsikring reduced its Scope 1 emissions over time?

Since 2022, Protector Forsikring's Scope 1 emissions have decreased by 100%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

What are Protector Forsikring's Scope 2 emissions?

In 2024, Protector Forsikring reported Scope 2 greenhouse gas (GHG) emissions of 74 tCOâ‚‚e using the market-based method and 78 tCOâ‚‚e using the location-based method.a

Has Protector Forsikring reduced its Scope 2 emissions over time?

Since 2022, Protector Forsikring's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 53.29%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Protector Forsikring's Scope 2 emissions(Location-Based) fell by 45.45% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Protector Forsikring use for Scope 2 reporting?

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

Protector Forsikring's Scope 2 Emissions Over Time

20222023202404590135180tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Protector Forsikring's Value Chain Emissions

In 2024, Protector Forsikring reported 122,207 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 Protector Forsikring includes a breakdown across 7of the 15 Scope 3 categories defined by the GHG Protocol,up from 6 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Protector Forsikring's Scope 3 Emissions Over Time

202220232024035 k70 k105 k140 ktCO2e+41%-10%
  • Total Scope 3
  • Year-over-Year Change

What are Protector Forsikring's Scope 3 emissions?

In 2024, Protector Forsikring reported total Scope 3 emissions of 122,207 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 4.57%of these emissions originated from upstream activities such as purchased goods and capital goods, while 95.43%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Protector Forsikring reduced its Scope 3 emissions over time?

Since 2022, Protector Forsikring's Scope 3 emissionshave increased by 26.69%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Protector Forsikring's Scope 3 emissions remained relatively stable, indicating that Protector Forsikring's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Protector Forsikring disclose?

In 2024, Protector Forsikring reported emissions for 7 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 Protector Forsikring's Scope 3 emissions?

In 2024, the largest contributors to Protector Forsikring's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 102,839 tCOâ‚‚e(84.15%)
  • Investments (Cat. 15): 11,578 tCOâ‚‚e(9.47%)
  • Purchased Goods and Services (Cat. 1): 4,702 tCOâ‚‚e(3.85%)

Protector Forsikring's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(84.2%)Investments(Cat. 15)(9.5%)Purchased Goods andServices (Cat. 1)(3.8%)

Insights into Protector Forsikring’s GHG Emissions Intensity Compared to Industry Peers

In 2022, Protector Forsikring reported Scope 1 greenhouse gas (GHG) emissions of 1.43 tCOâ‚‚e and total revenues of USD 622 millions. This translates into an emissions intensity of 0 tCOâ‚‚e per millions USD.b

Protector Forsikring's Scope 1 Emissions Intensity Compared to Peers

101001,00010,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)SLSSparebank 1 SMNYear: 2024Scope 1: 3 tCO2eRevenue: $M 698Scope 1 Intensity: 0.00 tCO2e/$MGjensidige ForsikringYear: 2024Scope 1: 434 tCO2eRevenue: $M 3,560Scope 1 Intensity: 0.12 tCO2e/$MEnact HoldingsYear: 2024Scope 1: 196 tCO2eRevenue: $M 1,205Scope 1 Intensity: 0.16 tCO2e/$MJust GroupYear: 2024Scope 1: 70 tCO2eRevenue: $M 374Scope 1 Intensity: 0.19 tCO2e/$MSparebank 1 Sor-NorgeYear: 2023Scope 1: 28 tCO2eRevenue: $M 833Scope 1 Intensity: 0.03 tCO2e/$MRadian GroupYear: 2024Scope 1: 35 tCO2eRevenue: $M 1,290Scope 1 Intensity: 0.03 tCO2e/$MSSSparebanken MoreYear: 2024Scope 1: 4 tCO2eRevenue: $M 212Scope 1 Intensity: 0.02 tCO2e/$MBupa Arabia for Cooperative InsuranceYear: 2024Scope 1: 117 tCO2eRevenue: $M 5,009Scope 1 Intensity: 0.02 tCO2e/$MMedibankYear: 2025Scope 1: 58 tCO2eRevenue: $M 5,621Scope 1 Intensity: 0.01 tCO2e/$MLLLancashire HoldingsYear: 2024Scope 1: 148 tCO2eRevenue: $M 1,112Scope 1 Intensity: 0.13 tCO2e/$MFirst American FinancialYear: 2024Scope 1: 4,193 tCO2eRevenue: $M 6,120Scope 1 Intensity: 0.69 tCO2e/$MStorebrand ASAYear: 2024Scope 1: 8 tCO2eRevenue: $M 8,000Scope 1 Intensity: 0.00 tCO2e/$MSantamYear: 2024Scope 1: 1,601 tCO2eRevenue: $M 2,658Scope 1 Intensity: 0.60 tCO2e/$MSSSparebank 1 Ringerike HadelandYear: 2019Scope 1: 7 tCO2eRevenue: $M 89Scope 1 Intensity: 0.08 tCO2e/$MBeazleyYear: 2024Scope 1: 8 tCO2eRevenue: $M 747Scope 1 Intensity: 0.01 tCO2e/$MAXIS Capital HoldingsYear: 2024Scope 1: 86 tCO2eRevenue: $M 6,014Scope 1 Intensity: 0.01 tCO2e/$MDNB BankYear: 2024Scope 1: 67 tCO2eRevenue: $M 7,456Scope 1 Intensity: 0.01 tCO2e/$MNIB HoldingsYear: 2025Scope 1: 60 tCO2eRevenue: $M 2,360Scope 1 Intensity: 0.03 tCO2e/$MParagon Banking GroupYear: 2024Scope 1: 818 tCO2eRevenue: $M 645Scope 1 Intensity: 1.27 tCO2e/$MDoha BankYear: 2023Scope 1: 245 tCO2eRevenue: $M 774Scope 1 Intensity: 0.32 tCO2e/$MRIT Capital PartnersYear: 2024Scope 1: 29 tCO2eRevenue: $M 431Scope 1 Intensity: 0.07 tCO2e/$MGunma BankYear: 2024Scope 1: 1,402 tCO2eRevenue: $M 1,000Scope 1 Intensity: 1.40 tCO2e/$MDah Sing Financial HoldingsYear: 2023Scope 1: 96 tCO2eRevenue: $M 795Scope 1 Intensity: 0.12 tCO2e/$MProtector ForsikringYear: 2022Scope 1: 1 tCO2eRevenue: $M 622Scope 1 Intensity: 0.00 tCO2e/$M

How does Protector Forsikring's GHG emissions intensity compare to its peers?

In 2022, Protector Forsikring reported a Scope 1 emissions intensity of 0 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.07, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.b

Where does Protector Forsikring rank on GHG emissions intensity within its industry?

In 2022, Protector Forsikring ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).b

This places Protector Forsikring among the top performers, with one of the lowest emissions intensities relative to peers.b

Insights into Protector Forsikring's Total Carbon Footprint

In 2024, Protector Forsikring reported a total carbon footprint of 122,285 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.87% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Protector Forsikring's total carbon footprint was Scope 3 emissions, accounting for 99.94% of the company's total carbon footprint, followed by Scope 2 emissions at 0.06%.a

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