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Vienna Insurance Group Wiener Versicherung Gruppe AG
Vienna Insurance Group's Climate Target Data Preview
As of 2024, Vienna Insurance Group has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction 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 Vienna Insurance Group's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2030 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2030 |
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Insights into Vienna Insurance Group's Greenhouse Gas Emissions Pathways
As of 2024, Vienna Insurance Group 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 Vienna Insurance Group have a target to reduce the emissions from its value chain?
As of 2024, Vienna Insurance Group 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
Vienna Insurance Group's most ambitious value chain target is to reduce these emissions by 28.6% by 2030, compared to a baseline of 1,218,310 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.a
As of 2024, Vienna Insurance Group is ahead of schedule on its value chain emissions reduction target, having achieved 91.71% of the planned reduction.a
Vienna Insurance Group's Value Chain (Scope 3) Emissions Pathway
Does Vienna Insurance Group have a target to reduce its total carbon footprint?
As of 2024, Vienna Insurance Group has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a
Vienna Insurance Group's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 38,066 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023, by 29% by 2030.a
As of 2024, Vienna Insurance Group is on track to meet its total carbon footprint reduction target, having achieved 19.52% of the planned reduction.a