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 2023, 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 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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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 2023
a. Protector Forsikring's Annual Report 2023

Insights into Protector Forsikring's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Protector Forsikring amounted to 142.64 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 2022, the total operational greenhouse gas (GHG) emissions of Protector Forsikring decreased by 15.38%, 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

2022202300.40.81.21.6tCO2e-100%
  • Total Scope 1
  • Year-over-Year Change

What are Protector Forsikring's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Protector Forsikring were 0 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Protector Forsikring's Scope 1 emissions decreased by 100%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Protector Forsikring's Scope 2 emissions?

In 2023, Protector Forsikring reported Scope 2 greenhouse gas (GHG) emissions of 142.64 tCO₂e using the market-based method. a

Has Protector Forsikring reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Protector Forsikring's Scope 2 emissions (Market-Based) fell by 14.65% in 2023, 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 2023, Protector Forsikring reported its Scope 2 emissions using the market-based method. a

Protector Forsikring's Scope 2 Emissions Over Time

2022202304590135180tCO2e
  • Total Scope 2 Market-Based

Insights into Protector Forsikring's Value Chain Emissions

In 2023, Protector Forsikring reported 134,882.15 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 2023 disclosure of Protector Forsikring includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Protector Forsikring's Scope 3 Emissions Over Time

20222023035 k70 k105 k140 ktCO2e+17%
  • Total Scope 3
  • Year-over-Year Change

What are Protector Forsikring's Scope 3 emissions?

In 2023, Protector Forsikring reported total Scope 3 emissions of 134,882.15 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 1.46% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.54% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Protector Forsikring's Scope 3 emissions increased by 17.15%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Protector Forsikring disclose?

In 2023, Protector Forsikring 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 Protector Forsikring's Scope 3 emissions?

In 2023, the largest contributors to Protector Forsikring's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 92,785 tCO₂e (68.79%)
  • Investments (Cat. 15): 40,124 tCO₂e (29.75%)
  • Purchased Goods and Services (Cat. 1): 862.56 tCO₂e (0.64%)

Protector Forsikring's Scope 3 Emissions by Categories

Investments(Cat. 15)(29.7%)Use of Sold Products(Cat. 11)(68.8%)

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 tCO₂e and total revenues of USD 622 millions. This translates into an emissions intensity of 0 tCO₂e per millions USD. a

Protector Forsikring's Scope 1 Emissions Intensity Compared to Peers

101001,00010,000Scope 1 Emissions (tCO2e)1005002,0005,00020,000Revenues (Millions of USD)Gjensidige 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: 2023Scope 1: 73 tCO2eRevenue: $M 1,161Scope 1 Intensity: 0.06 tCO2e/$MSparebank 1 Sor-NorgeYear: 2023Scope 1: 28 tCO2eRevenue: $M 833Scope 1 Intensity: 0.03 tCO2e/$MRadian GroupYear: 2024Scope 1: 35 tCO2eRevenue: $M 1,290Scope 1 Intensity: 0.03 tCO2e/$MBupa Arabia for Cooperative InsuranceYear: 2024Scope 1: 117 tCO2eRevenue: $M 5,009Scope 1 Intensity: 0.02 tCO2e/$MMedibankYear: 2024Scope 1: 69 tCO2eRevenue: $M 5,367Scope 1 Intensity: 0.01 tCO2e/$MFirst American FinancialYear: 2023Scope 1: 1,015 tCO2eRevenue: $M 5,999Scope 1 Intensity: 0.17 tCO2e/$MStorebrand ASAYear: 2024Scope 1: 8 tCO2eRevenue: $M 8,000Scope 1 Intensity: 0.00 tCO2e/$MSantamYear: 2024Scope 1: 1,601 tCO2eRevenue: $M 2,658Scope 1 Intensity: 0.60 tCO2e/$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: $M 7,456Scope 1 Intensity: 0.01 tCO2e/$MHokuhoku Financial GroupYear: 2023Scope 1: 3,689 tCO2eRevenue: $M 1,229Scope 1 Intensity: 3.00 tCO2e/$MNIB HoldingsYear: 2025Scope 1: 60 tCO2eRevenue: $M 2,360Scope 1 Intensity: 0.03 tCO2e/$MSrisawadYear: 2023Scope 1: 1,090 tCO2eRevenue: $M 484Scope 1 Intensity: 2.25 tCO2e/$MKiatnakin Phatra BankYear: 2023Scope 1: 3,406 tCO2eRevenue: $M 747Scope 1 Intensity: 4.56 tCO2e/$MParagon Banking GroupYear: 2024Scope 1: 818 tCO2eRevenue: $M 645Scope 1 Intensity: 1.27 tCO2e/$MDoha BankYear: 2023Scope 1: 245 tCO2eRevenue: $M 774Scope 1 Intensity: 0.32 tCO2e/$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 tCO₂e per millions USD. Compared to the peer group median of 0.09 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2022, Protector Forsikring ranked 2 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Protector Forsikring's Total Carbon Footprint

In 2023, Protector Forsikring reported a total carbon footprint of 135,024.79 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.1% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Protector Forsikring's total carbon footprint was Scope 3 emissions, accounting for 99.89% of the company's total carbon footprint, followed by Scope 2 emissions at 0.11%. a

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