| Company Name | Swiss Re |
|---|---|
| No. of Employees | 11,702 (2007) |
| Revenue | CHF 31,664 million (group premiums earned) (2007) |
| Sector | Insurance |
| Country (HQ) | Switzerland |
| Scope 1 Emissions | 6,395 tonnes (2007) |
| Scope 2 Emissions | 22,182 tonnes (2007) |
| Scope 3 Emissions | Business travel – 2,667kg CO2/employee (total = 30,130 tonnes) (2007) |
| Notes on Emissions | |
Scope 1 and 2 emissions data reported in CDP5 response – Scope 2 emissions reporting include business travel. | |
| Emission Changes | |
| Swiss Re has been greenhouse neutral since October 2003 and is committed to reducing its emissions per employee by 30% by 2013. | |
| Verification of Emissions | Yes |
| Verifier | Pricewaterhouse Coopers |
| Responsible for Climate Change Strategy | |
| Chief Risk Officer + Head of Sustainability & Emerging Risk Management | |
| Climate Change Strategy | |
> Advance Swiss Re`s knowledge and understanding of climate risks and, where relevant, integrate them into risk management and underwriting frameworks > Develop products and services to both mitigate and adapt to climate risk > Raise awareness about climate change in dialogue with key stakeholders including clients, employees and the public and advocate a worldwide policy framework for climate change
> Tackle the company`s footprint and ensure transparent annual emissions reporting
| |
| Targets | |
> The greenhouse neutral programme combines a pledge to reduce CO2 emissions by 30% per employee by 2013 and to offset the remained through investments in the World Bank Community Development Carbon Fund and additional purchases of high quality verified emissions reduction certificates (VERs). | |