📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.
Swiss Re AG
Swiss Re's GHG Emissions Data Preview
In 2024, Swiss Re 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).
Swiss Re has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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.  a | Copy restricted. Please purchase to unlock this data.  a | 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 |
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
Verified Sources Behind Swiss Re’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. Explore Swiss Re’s data sources below and access millions more through our Disclosure Search.
Insights into Swiss Re's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofSwiss Re amounted to9,166metric 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 2023, the total operational greenhouse gas (GHG) emissions of Swiss Reincreased by 6.22%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Swiss Re's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Swiss Re's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Swiss Re were 1,728 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Swiss Re reduced its Scope 1 emissions over time?
Since 2019, Swiss Re's Scope 1 emissions have decreased by 59.32%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Swiss Re's Scope 1 emissions remained relatively stable, indicating that Swiss Re's emissions have plateaued with no significant change in its operational footprint.a
What are Swiss Re's Scope 2 emissions?
In 2024, Swiss Re reported Scope 2 greenhouse gas (GHG) emissions of 84 tCOâ‚‚e using the market-based method and 7,438 tCOâ‚‚e using the location-based method.a
Has Swiss Re reduced its Scope 2 emissions over time?
Since 2019, Swiss Re's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 34.5%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Swiss Re's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Swiss Re's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Swiss Re use for Scope 2 reporting?
In 2024, Swiss Re reported its Scope 2 emissions using the market-based method and using the location-based method.a
Swiss Re's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Swiss Re's Value Chain Emissions
In 2024, Swiss Re reported 148,967 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Swiss Re includes a breakdown across 7of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Swiss Re's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Swiss Re's Scope 3 emissions?
In 2024, Swiss Re reported total Scope 3 emissions of 148,967 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 99.47%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.53%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Swiss Re reduced its Scope 3 emissions over time?
Since 2019, Swiss Re's Scope 3 emissionshave increased by 69.73%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Swiss Re's Scope 3 emissions remained relatively stable, indicating that Swiss Re's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Swiss Re disclose?
In 2024, Swiss Re reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Swiss Re's Scope 3 emissions?
In 2024, the largest contributors to Swiss Re's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 110,068 tCOâ‚‚e(73.89%)
- Business Travel (Cat. 6): 25,972 tCOâ‚‚e(17.43%)
- Employee Commuting (Cat. 7): 8,408 tCOâ‚‚e(5.64%)
Swiss Re's Scope 3 Emissions by Categories
Insights into Swiss Re’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Swiss Re reported Scope 1 greenhouse gas (GHG) emissions of 1,728 tCOâ‚‚e and total revenues of USD 7,033 millions. This translates into an emissions intensity of 0.25 tCOâ‚‚e per millions USD.a
Swiss Re's Scope 1 Emissions Intensity Compared to Peers
How does Swiss Re's GHG emissions intensity compare to its peers?
In 2024, Swiss Re reported a Scope 1 emissions intensity of 0.25 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.41, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Swiss Re rank on GHG emissions intensity within its industry?
In 2024, Swiss Re ranked 4 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Swiss Re among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Swiss Re's Total Carbon Footprint
In 2024, Swiss Re reported a total carbon footprint of 158,133 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.44% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Swiss Re's total carbon footprint was Scope 3 emissions, accounting for 94.2% of the company's total carbon footprint, followed by Scope 2 emissions at 4.7%.a