In 2024, Zurich Insurance Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 3 (indirect emissions across the value chain).
Zurich Insurance Group has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | N/A | 17,865b | 19,036b | |
Total Scope 2 | ||||
Market-Based | N/A | 1,942b | 2,191b | |
Location-Based | N/A | 20,299b | 21,685b | |
Total Scope 3 | 38,420a | 40,259a | 33,892b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | N/A | 0.2973b | 0.6469b |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
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.
No operational GHG emissions data disclosed for Zurich Insurance Group in 2024.
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Zurich Insurance Group decreased by 100%, showing that the company has made progress in taking action to reduce the climate impact of its operations.b
In 2024, Zurich Insurance Group reported 38,420 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 2024 disclosure of Zurich Insurance Group includes a breakdown across 5 of 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
In 2024, Zurich Insurance Group reported total Scope 3 emissions of 38,420 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
Since 2019, Zurich Insurance Group's Scope 3 emissions have decreased by 71.01%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Zurich Insurance Group's Scope 3 emissions remained relatively stable, indicating that Zurich Insurance Group's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Zurich Insurance Group reported emissions for 5 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.
In 2024, the largest contributors to Zurich Insurance Group's Scope 3 emissions were:a
In 2023, Zurich Insurance Group reported Scope 1 greenhouse gas (GHG) emissions of 17,865 tCO₂e and total revenues of USD 60,091 millions. This translates into an emissions intensity of 0.3 tCO₂e per millions USD.b
In 2023, Zurich Insurance Group reported a Scope 1 emissions intensity of 0.3 tCO₂e per millions USD. Compared to the peer group median of 0.3, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.b
In 2023, Zurich Insurance Group ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).b
Zurich Insurance Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.b