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Reinsurance Group of America Inc

Common Name
Reinsurance Group of America
Country
United States
Sector
Financial Services
Industry
Insurance - Reinsurance
Employees
4,300
Ticker
RGA
Exchange
New York Stock Exchange
Description
Reinsurance Group of America, Inc. is a prominent global provider of life reinsurance solutions. Its primary function is to offer financial protection and risk management services to life insurance co...

Reinsurance Group of America's Climate Target Data Preview

As of 2024, Reinsurance Group of America has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based 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 Reinsurance Group of America's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Weighted Average Carbon Intensity / Portfolio Companies (WACI)
-20%a
2026
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Reinsurance Group of America’s Climate Targets Data

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a. Reinsurance Group of America's Sustainability Report 2024

Insights into Reinsurance Group of America's Greenhouse Gas Emissions Pathways

As of 2024, Reinsurance Group of America has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations.a

Does Reinsurance Group of America have a target to reduce the emissions from its value chain?

As of 2024, Reinsurance Group of America 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.a

Reinsurance Group of America's most ambitious value chain target is to reduce these emissions by 20% by 2026, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Weighted Average Carbon Intensity / Portfolio Companies (WACI) in 2021.a

Reinsurance Group of America has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2026 value, achieving its climate goal ahead of schedule.a

Reinsurance Group of America's Value Chain (Scope 3) Emissions Pathway

20212024202600000BaselineCurrent (-22%)
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