Swiss Re Group Scope 1, 2 and 3 greenhouse gas emissions

PwC CH

Reducing our operational carbon footprint is an important part of our Group Sustainability Strategy. As part of our Greenhouse Neutral Programme, we have publicly reported on our Scope 1 and 2 greenhouse gas emissions, plus a major source of Scope 3 emissions (business travel) since its launch in 2003. From 2013, we have expanded our reporting to include further Scope 3 emissions (see table below).

You can find out more about the Greenhouse Neutral Programme in our 2019 Sustainability Report.

Additionally, in 2019, Swiss Re committed to reduce its operational CO2 footprint to net-zero emissions by 2030. In 2020, we will start by reducing our air travel emissions by at least 15%, with further reduction ambitions planned. At the same time, we are moving from buying conventional carbon offsets to supporting carbon removal projects to compensate any unavoided emissions. Carbon removal is a new form of emission compensation that extracts CO2 out of the atmosphere and stores it permanently. This is a necessary prerequisite for reaching any net-zero emissions target, including the Paris Agreement.

(XLS:) Download

CO2 emissions per employee (full-time equivalent, FTE), Swiss Re Group

 

 

2013
kg/FTE

2018
kg/FTE

2019
kg/FTE

Change in %
since 2018

Change in %
since 2013

1

Calculation based on a market-based approach taking into account the purchase of renewable energy instruments, with the exception of the UK, where the government requires companies to report an average grid factor.

2

Commuting data are gathered biannually by means of a survey. The figures are rounded and fraught with considerable uncertainty.

Scope 1

Heating

378

244

210

–13.8

–44.4

Scope 2

Power1

824

584

472

–19.1

–42.7

Scope 3

Business travel

3 713

3 892

3 842

–1.3

3.5

 

Copy paper

40

16

13

–15.7

–66.3

 

Waste

50

33

28

–13.7

–43.1

 

Water

12

11

8

–23.7

–30.1

 

Technical gases

27

6

52

764.3

92.1

 

Commuting2

1 250

1 000

1 000

0.0

–20.0

Total

 

6 294

5 786

5 627

–2.7

–10.6