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Public Profile
Insurance Services
BE
updated 6 days ago

Ag Insurance

Company website

Ag Insurance, headquartered in Belgium, is a leading provider of agricultural insurance solutions, serving farmers and agribusinesses across the region. Established in 2006, the company has quickly become a trusted name in the industry, focusing on risk management and tailored insurance products that cater specifically to the unique needs of the agricultural sector. With a comprehensive range of services, including crop insurance, livestock coverage, and farm liability protection, Ag Insurance stands out for its commitment to innovation and customer service. The company’s expertise in agricultural risk assessment and its strong market position have earned it recognition as a key player in the Belgian insurance landscape. By prioritising the needs of farmers, Ag Insurance continues to support the growth and sustainability of the agricultural community.

DitchCarbon Score

How does Ag Insurance'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.

43

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.

27

Industry Benchmark

Ag Insurance's score of 43 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

68%

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Ag Insurance's reported carbon emissions

In 2023, AG Insurance reported total carbon emissions of approximately 9,101,000 kg CO2e globally. This figure reflects a decrease from 9,924,000 kg CO2e in 2022, indicating a commitment to reducing their carbon footprint. The company has set ambitious targets to reduce greenhouse gas emissions by 40% across Scope 1 and Scope 2 by 2029, with an intermediate goal of achieving a 50% reduction in emissions from their equity, corporate bond, real estate, and infrastructure portfolios by 2030. AG Insurance is part of a corporate family under AG Insurance SA/NV, which cascades its emissions data from the parent company Ageas SA/NV. The emissions data for AG Insurance is inherited from this parent organization, ensuring alignment with broader corporate sustainability goals. Additionally, AG Insurance aims for net-zero greenhouse gas emissions in its investment portfolio by 2050. They are also transitioning to 100% green company vehicles by 2026 and undertaking a major renovation project to reduce energy consumption in their offices by 60% by 2027. These initiatives are part of their commitment to align with the European Green Deal and contribute to global climate action.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ag Insurance's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Ag Insurance is in BE, which has a very low grid carbon intensity relative to other regions.

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.

Ag Insurance 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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