QBE Insurance Group Ltd
QBE Insurance Group's Climate Target Data Preview
As of 2024, QBE Insurance Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, 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 QBE Insurance Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2025 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Enterprise Value Including Cash / Portfolio companies (EVIC) | Copy restricted. Please purchase to unlock this data.  | 2025 |
This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into QBE Insurance Group's Greenhouse Gas Emissions Pathways
As of 2024, QBE Insurance Group 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.
Does QBE Insurance Group have a target to reduce the emissions from its operations?
As of 2024, QBE Insurance Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
QBE Insurance Group's most ambitious operational target is to reduce these emissions by 30% by 2025, compared to a baseline of 32,523.077 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.
QBE Insurance Group has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2025 value, achieving its climate goal ahead of schedule.
QBE Insurance Group's Operational (Scope 1+2) Emissions Pathway
Does QBE Insurance Group have a target to reduce the emissions from its value chain?
As of 2024, QBE Insurance Group 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.
QBE Insurance Group's most ambitious value chain target is to reduce these emissions by 25% by 2025, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Enterprise Value Including Cash / Portfolio companies (EVIC) in 2019.
QBE Insurance Group has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2025 value, achieving its climate goal ahead of schedule.