Reinsurance Group of America Inc
Reinsurance Group of America's GHG Emissions Data Preview
In 2023, Reinsurance Group of America 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).
Reinsurance Group of America has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Insights into Reinsurance Group of America's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Reinsurance Group of America amounted to 8,090 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 Reinsurance Group of America decreased by 4.06%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Reinsurance Group of America's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Reinsurance Group of America's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Reinsurance Group of America were 271 metric tons of CO₂ equivalent (tCO₂e). a
Has Reinsurance Group of America reduced its Scope 1 emissions over time?
Since 2019, Reinsurance Group of America's Scope 1 emissions have decreased by 58.69%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Reinsurance Group of America's Scope 1 emissions decreased by 55.06%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Reinsurance Group of America's Scope 2 emissions?
In 2023, Reinsurance Group of America reported Scope 2 greenhouse gas (GHG) emissions of 7,908 tCO₂e using the market-based method and 7,819 tCO₂e using the location-based method. a
Has Reinsurance Group of America reduced its Scope 2 emissions over time?
Since 2019, Reinsurance Group of America's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Reinsurance Group of America 's emissions have plateaued with no significant change in its energy consumption footprint. a
Compared to the previous year (2022), Reinsurance Group of America's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Reinsurance Group of America 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Reinsurance Group of America use for Scope 2 reporting?
In 2023, Reinsurance Group of America reported its Scope 2 emissions using the market-based method and using the location-based method. a
Reinsurance Group of America's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Reinsurance Group of America's Value Chain Emissions
In 2023, Reinsurance Group of America reported 8,554 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 Reinsurance Group of America includes a breakdown across 1 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
Reinsurance Group of America's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Reinsurance Group of America's Scope 3 emissions?
In 2023, Reinsurance Group of America reported total Scope 3 emissions of 8,554 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Reinsurance Group of America reduced its Scope 3 emissions over time?
Since 2019, Reinsurance Group of America's Scope 3 emissions have increased by 12.24%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Reinsurance Group of America's Scope 3 emissions increased by 99.07%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Reinsurance Group of America disclose?
In 2023, Reinsurance Group of America reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Reinsurance Group of America's Scope 3 emissions?
In 2023, the largest contributors to Reinsurance Group of America's Scope 3 emissions were: a
- Business Travel (Cat. 6): 8,554 tCO₂e (100%)
Reinsurance Group of America's Scope 3 Emissions by Categories
Insights into Reinsurance Group of America's Total Carbon Footprint
In 2023, Reinsurance Group of America reported a total carbon footprint of 16,644 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 30.76% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Reinsurance Group of America's total carbon footprint was Scope 3 emissions, accounting for 51.39% of the company's total carbon footprint, followed by Scope 2 emissions at 46.98%. a