If P And C Insurance
If P And C Insurance, commonly referred to as If Insurance, is a leading provider of property and casualty insurance headquartered in Sweden (SE). Established in 1996, the company has grown to serve major operational regions across the Nordic countries, including Sweden, Norway, Finland, and Denmark. Specialising in a range of insurance products, If Insurance offers unique solutions in home, auto, and business insurance, distinguished by their customer-centric approach and innovative digital services. With a strong market position, If Insurance has achieved notable recognition for its commitment to sustainability and customer satisfaction, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does If P And C 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.
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
If P And C Insurance's score of 51 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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If P And C Insurance's reported carbon emissions
In 2023, If P And C Insurance reported total carbon emissions of approximately 383,126,000 kg CO2e. This figure includes 137,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion (124,000 kg CO2e) and stationary combustion (13,000 kg CO2e). Scope 2 emissions accounted for about 1,034,000 kg CO2e, with the majority stemming from purchased electricity (808,000 kg CO2e). The most significant portion of emissions came from Scope 3, totalling approximately 381,955,000 kg CO2e, which includes substantial contributions from investments (665,606,000 kg CO2e) and purchased goods and services (88,723,000 kg CO2e). In 2022, the company reported total emissions of about 6,794,000 kg CO2e, with Scope 1 emissions at 65,900 kg CO2e, Scope 2 emissions at approximately 1,112,800 kg CO2e, and Scope 3 emissions at around 5,615,400 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. If P And C Insurance has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The emissions data is cascaded from its parent company, Sampo Oyj, reflecting a corporate family relationship. Overall, If P And C Insurance's emissions profile highlights the need for enhanced climate commitments and reduction strategies to address its substantial carbon footprint.
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| 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 156,000 | 000,000 | 000,000 | 00,000 | 00,000,000 | 00,000 | 000,000 |
| Scope 2 | 1,054,000 | 0,000,000 | 000,000 | 000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 7,794,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 |
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.
If P And C 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.
