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Ray Sigorta AS

Common Name
Ray Sigorta
Country
Turkey
Sector
Financial Services
Industry
Insurance - Diversified
Employees
507
Ticker
RAYSG.E
Exchange
BORSA ISTANBUL
Description
Ray Sigorta A.S., a prominent entity in the insurance industry, provides a broad spectrum of insurance products and services, catering primarily to the Turkish market. Its core function is to offer ri...

Ray Sigorta's GHG Emissions Data Preview

In 2024, Ray Sigorta 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) and Scope 2 (indirect emissions from purchased energy).

However, Ray Sigorta has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024
Total Scope 1
518.54a
Total Scope 2
Market-Based
24.05a
Location-Based
134.55a
Total Scope 3
N/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
1.2462a
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Verified Sources Behind Ray Sigorta’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.

a. Ray Sigorta's Sustainability Report 2024

Insights into Ray Sigorta's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Ray Sigorta amounted to 653.09 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

Ray Sigorta's Scope 1 Emissions Over Time

20240150300450600tCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Ray Sigorta's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Ray Sigorta were 518.54 metric tons of CO₂ equivalent (tCO₂e).a

What are Ray Sigorta's Scope 2 emissions?

In 2024, Ray Sigorta reported Scope 2 greenhouse gas (GHG) emissions of 24.05 tCO₂e using the market-based method and 134.55 tCO₂e using the location-based method.a

What methodology does Ray Sigorta use for Scope 2 reporting?

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

Ray Sigorta's Scope 2 Emissions Over Time

202403570105140tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Ray Sigorta’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Ray Sigorta reported Scope 1 greenhouse gas (GHG) emissions of 518.54 tCO₂e and total revenues of USD 416 millions. This translates into an emissions intensity of 1.25 tCO₂e per millions USD.a

Ray Sigorta's Scope 1 Emissions Intensity Compared to Peers

2050020,000500,00020,000,000Scope 1 Emissions (tCO2e)1001,0005,00050,000500,000Revenues (Millions of USD)Caixa Seguridade ParticipacoesYear: 2022Scope 1: 48 tCO2eRevenue: $M 319Scope 1 Intensity: 0.15 tCO2e/$MHarelYear: 2022Scope 1: 4,260,000 tCO2eRevenue: $M 3,599Scope 1 Intensity: 1,183.55 tCO2e/$MBB Seguridade ParticipacoesYear: 2023Scope 1: 209 tCO2eRevenue: $M 1,045Scope 1 Intensity: 0.20 tCO2e/$MiA FinancialYear: 2024Scope 1: 6,757 tCO2eRevenue: $M 5,511Scope 1 Intensity: 1.23 tCO2e/$MAegonYear: 2024Scope 1: 1,480 tCO2eRevenue: $M 20,302Scope 1 Intensity: 0.07 tCO2e/$MTrygYear: 2024Scope 1: 1,120 tCO2eRevenue: $M 5,611Scope 1 Intensity: 0.20 tCO2e/$MMapfreYear: 2024Scope 1: 10,192 tCO2eRevenue: $M 26,885Scope 1 Intensity: 0.38 tCO2e/$MASR Nederland NVYear: 2024Scope 1: 1,888 tCO2eRevenue: $M 21,676Scope 1 Intensity: 0.09 tCO2e/$MAgeasYear: 2024Scope 1: 16,238 tCO2eRevenue: $M 8,988Scope 1 Intensity: 1.81 tCO2e/$MNN GroupYear: 2024Scope 1: 1,896 tCO2eRevenue: $M 11,582Scope 1 Intensity: 0.16 tCO2e/$MHelvetia Baloise HoldingYear: 2024Scope 1: 8,631 tCO2eRevenue: $M 12,396Scope 1 Intensity: 0.70 tCO2e/$MAvivaYear: 2024Scope 1: 7,437 tCO2eRevenue: $M 50,081Scope 1 Intensity: 0.15 tCO2e/$MSampo OyjYear: 2024Scope 1: 883 tCO2eRevenue: $M 9,933Scope 1 Intensity: 0.09 tCO2e/$MSwiss Life HoldingYear: 2024Scope 1: 5,842 tCO2eRevenue: $M 20,527Scope 1 Intensity: 0.28 tCO2e/$MTalanxYear: 2024Scope 1: 13,090 tCO2eRevenue: $M 26,617Scope 1 Intensity: 0.49 tCO2e/$MArch Capital GroupYear: 2024Scope 1: 2,252 tCO2eRevenue: $M 16,932Scope 1 Intensity: 0.13 tCO2e/$MHartford Insurance GroupYear: 2024Scope 1: 5,981 tCO2eRevenue: $M 26,383Scope 1 Intensity: 0.23 tCO2e/$MAmerican International GroupYear: 2024Scope 1: 8,258 tCO2eRevenue: $M 27,272Scope 1 Intensity: 0.30 tCO2e/$MSun Life FinancialYear: 2024Scope 1: 45,601 tCO2eRevenue: $M 23,972Scope 1 Intensity: 1.90 tCO2e/$MAssicurazioni GeneraliYear: 2025Scope 1: 58,719 tCO2eRevenue: $M 87,159Scope 1 Intensity: 0.67 tCO2e/$MAXAYear: 2024Scope 1: 21,054 tCO2eRevenue: $M 107,473Scope 1 Intensity: 0.20 tCO2e/$MZurich Insurance GroupYear: 2023Scope 1: 17,865 tCO2eRevenue: $M 60,091Scope 1 Intensity: 0.30 tCO2e/$MAllianzYear: 2024Scope 1: 53,885 tCO2eRevenue: $M 142,476Scope 1 Intensity: 0.38 tCO2e/$MSagaYear: 2025Scope 1: 107,015 tCO2eRevenue: $M 731Scope 1 Intensity: 146.42 tCO2e/$MAnadolu Anonim Turk Sigorta StiYear: 2024Scope 1: 637 tCO2eRevenue: $M 1,713Scope 1 Intensity: 0.37 tCO2e/$MRay SigortaYear: 2024Scope 1: 519 tCO2eRevenue: $M 416Scope 1 Intensity: 1.25 tCO2e/$M

How does Ray Sigorta's GHG emissions intensity compare to its peers?

In 2024, Ray Sigorta reported a Scope 1 emissions intensity of 1.25 tCO₂e per millions USD. Compared to the peer group median of 0.3, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Ray Sigorta rank on GHG emissions intensity within its industry?

In 2024, Ray Sigorta ranked 22 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

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