GP Reinsurance EAD
GP Reinsurance EAD, a prominent player in the reinsurance industry, is headquartered in Italy and operates extensively across Europe and beyond. Founded in 2005, the company has established itself as a trusted provider of innovative reinsurance solutions, catering to a diverse range of sectors including life, health, and property insurance. Specialising in tailored reinsurance products, GP Reinsurance stands out for its commitment to client-centric services and robust risk management strategies. The company has achieved significant milestones, including strategic partnerships and a growing portfolio that enhances its market position. With a focus on sustainability and technological advancement, GP Reinsurance EAD continues to lead in delivering unique solutions that meet the evolving needs of the insurance market.
DitchCarbon Score
How does GP Reinsurance EAD's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
GP Reinsurance EAD's score of 27 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GP Reinsurance EAD's reported carbon emissions
In 2022, GP Reinsurance EAD reported total carbon emissions of approximately 103,592,860 kg CO2e. This figure includes 9,724,920 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 3,373,800 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 90,494,140 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions that occur in the value chain. Currently, GP Reinsurance EAD has not set specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The absence of reduction initiatives indicates a potential area for future commitment to climate action. The emissions data is not cascaded from any parent organization, ensuring that the figures are solely representative of GP Reinsurance EAD's own operations. As the company continues to assess its environmental impact, establishing measurable reduction targets could enhance its sustainability profile in the reinsurance sector.
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| 2022 | |
|---|---|
| Scope 1 | 9,724,920 |
| Scope 2 | 3,373,800 |
| Scope 3 | 90,494,140 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
GP Reinsurance EAD is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
