Talanx AG

Common Name
Talanx
Country
Germany
Sector
Financial Services
Industry
Insurance - Diversified
Employees
30,000
Ticker
TLX
Exchange
XETRA
Description
Talanx AG is a major player in the insurance industry, offering a broad spectrum of insurance and financial products. It operates as one of Europe's largest insurance groups, covering sectors such as ...

Talanx's Climate Target Data Preview

As of 2024, Talanx has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target 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 Talanx ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Enterprise Value Including Cash / Portfolio companies (EVIC)
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a
2030
*. 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 Talanx’s Climate Targets Data

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a. Talanx's Annual Report 2024
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Insights into Talanx's Greenhouse Gas Emissions Pathways

As of 2024, Talanx 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 Talanx have a target to reduce the emissions from its operations?

As of 2024, Talanx has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Talanx's most ambitious operational target is to reduce these emissions by 25% by 2025, compared to a baseline of 9,765 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

Talanx has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2025 value, achieving its climate goal ahead of schedule. a

Talanx's Operational (Scope 1+2) Emissions Pathway

20192024202502.5 k5 k7.5 k10 kBaselineCurrent (-37%)Target 2025 (-25%)

Does Talanx have a target to reduce the emissions from its value chain?

As of 2024, Talanx 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

Talanx's most ambitious value chain target is to reduce these emissions by 55% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Enterprise Value Including Cash / Portfolio companies (EVIC) in 2019. a

Talanx has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Talanx's Value Chain (Scope 3) Emissions Pathway

20192024203000000BaselineCurrent (-61%)
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