PZU
PZU, or Powszechny Zakład Ubezpieczeń, is a leading insurance and financial services provider headquartered in Warsaw, Poland. Established in 1803, PZU has evolved into a cornerstone of the Polish insurance market, with a significant presence across Central and Eastern Europe. The company operates primarily in the insurance sector, offering a diverse range of products including life, health, and property insurance, as well as asset management services. PZU is renowned for its innovative approach to risk management and customer service, setting it apart from competitors. With a strong market position, it is one of the largest insurers in Poland, boasting a robust portfolio and a commitment to sustainability. Over the years, PZU has achieved numerous milestones, reinforcing its reputation as a trusted partner in financial security.
DitchCarbon Score
How does PZU'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
PZU's score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PZU's reported carbon emissions
In 2022, PZU reported total carbon emissions of approximately 745,850 kg CO2e, which included 147,960 kg CO2e from Scope 1, 16,750 kg CO2e from Scope 2, and a significant 581,490 kg CO2e from Scope 3 emissions. This data highlights the company's comprehensive approach to emissions reporting, covering all three scopes of greenhouse gas emissions. For the year 2023, PZU has not disclosed specific emissions data, but it has provided metrics indicating that emissions per employee for Scope 1 and 2 are about 2,610 kg CO2e. Additionally, emissions per PLN million of consolidated assets are approximately 0.00022 kg CO2e, reflecting the company's operational efficiency in relation to its financial performance. Despite the detailed emissions reporting, PZU has not set specific reduction targets or climate pledges, nor does it appear to have cascaded any targets from parent or related organizations. The absence of formal reduction initiatives suggests that PZU may be in the early stages of developing a comprehensive climate strategy. Overall, PZU's emissions data and reporting practices demonstrate a commitment to transparency, although further action may be needed to establish clear reduction goals and initiatives in line with industry standards.
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| 2022 | |
|---|---|
| Scope 1 | 147,960 |
| Scope 2 | 16,750 |
| Scope 3 | 581,490 |
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.
PZU 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.
