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2015 Corporate Responsibility Report

The following information was PwC audited and confirmed.

CO2 emissions and underlying environmental data

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

 

2013

2014

2015

Change in % since 2014

Change in % since 2013

 

kg/FTE

kg/FTE

kg/FTE

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 (see table below for our reporting of emissions from electricity).

2

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

Power1

811

871

839

–3.7

3.5

Heating

379

308

293

–4.9

–22.7

Business travel

3 825

3 923

3 842

–2.1

0.4

Copy paper

40

31

27

–12.9

–32.5

Waste

51

51

45

–11.8

–11.8

Water

11

12

12

0

9.1

Technical gases

28

27

25

–7.4

–10.7

Commuting2

1 500

1 500

1 350

–10.0

–10.0

Total

6 645

6 723

6 433

–4.3

–3.2
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Underlying environmental data, Swiss Re Group

 

 

2013

2014

2015

Change in %
since 2014

Change in %
since 2013

Power

kWh/FTE

4 575

4 435

3 994

–9.9

–12.7

Heating

kWh/FTE

1 940

1 584

1 448

–8.6

–25.4

Energy intensity

kWh/FTE

6 515

6 019

5 442

–9.6

–16.5

 

 

 

 

 

 

 

Business travel

km/FTE

13 862

13 931

14 205

2.0

2.5

 

 

 

 

 

 

 

Copy paper

kg/FTE

34

26

23

–11.5

–32.4

Recycling paper

%

70

70

68

–2.9

–2.9

FSC label

%

96

94

97

3.2

1.0

 

 

 

 

 

 

 

Waste

kg/FTE

182

192

161

–16.1

–11.5

Water

m3/FTE

16

17

17

0

6.3

Indirect emissions from purchased electricity, Swiss Re Group

In line with the new Scope 2 Guidance of the Greenhouse Gas (GHG) Protocol, we report the emissions associated with our electricity consumption according to both a location-based approach representing the CO2 intensity of the grids where we operate and a market-based method taking into account emission reductions from instruments such as Renewable Energy Certificates (RECs) and Guarantees of Origin (GOs).

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Location-based total

Market-based total

Instrument types

Percentage kWh

 

t CO2e

t CO2e

 

 

1

All Swiss electricity producers are required by law to declare the quality and quantity of the electricity produced. Swiss Re buys 100% green labelled electricity (naturemade star).

2

In the US, we cover our total energy consumption by buying green-e labelled Renewable Energy Certificates (RECs).

3

The UK government claims all green credentials of renewable electricity produced in the country. Even though 90% of the electricity we consume in the UK comes with Renewable Energy Guarantees of Origin (REGOs), we report the same emission figures for location-and market-based approaches.

4

The country with our next biggest share of electricity consumption is Slovakia, accounting for 2% of the Group’s total consumption.

Switzerland1

993

363

GOs

34.4%

US2

9 660

279

RECs

26.4%

UK3

6 902

6 902

GOs, residual mix

21.1%

Rest of the world4

6 366

4 112

RECs, GOs, residual mix

18.1%

Total

23 921

11 656

 

100.0%