Swiss Re AG
Swiss Re's Climate Target Data Preview
As of 2024, Swiss Re has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 2 intensity-based targets, 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 Swiss Re's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2025 |
Absolute-based Target* | Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2026 |
Absolute-based Target* | Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature. a | 2027 |
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | Copy/Paste is a PRO feature.  a | 2029 |
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) | Copy/Paste is a PRO feature.  a | 2029 |
Verified Sources Behind Swiss Re’s Climate Targets Data
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Insights into Swiss Re's Greenhouse Gas Emissions Pathways
As of 2024, Swiss Re 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.a
Does Swiss Re have a target to reduce the emissions from its operations?
As of 2024, Swiss Re has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Swiss Re's most ambitious operational target is to reduce these emissions by 53% by 2030, compared to a baseline of 3,356 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.a
As of 2024, Swiss Re is ahead of schedule on its operational emissions reduction target, having achieved 91.53% of the planned reduction.a
Swiss Re's Operational (Scope 1+2) Emissions Pathway
Does Swiss Re have a target to reduce the emissions from its value chain?
As of 2024, Swiss Re 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
Swiss Re's most ambitious value chain target is to reduce these emissions by 60% by 2027, compared to a baseline of 69,653 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.a
Swiss Re has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2027 value, achieving its climate goal ahead of schedule.a