If P&C Insurance
If P&C Insurance, also known as If Skadeförsäkring, is a leading provider of property and casualty insurance headquartered in Sweden. Established in 1996, the company has grown to serve major operational regions across the Nordic countries, including Norway, Finland, and Denmark. Specialising in a wide range of insurance products, If P&C Insurance offers unique solutions in areas such as home, auto, and business insurance. Their commitment to innovation and customer service has positioned them as a market leader, recognised for their comprehensive coverage options and user-friendly digital platforms. With a strong focus on sustainability and risk management, If P&C Insurance continues to achieve notable milestones, reinforcing its reputation as a trusted partner in the insurance industry.
DitchCarbon Score
How does If P&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&C Insurance's score of 60 is higher than 81% 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&C Insurance's reported carbon emissions
In 2024, If P&C Insurance reported total carbon emissions of approximately 346,662,000 kg CO2e, with emissions distributed across various scopes: 182,000 kg CO2e (Scope 1), 1,512,000 kg CO2e (Scope 2, market-based), and 344,968,000 kg CO2e (Scope 3). This represents a significant decrease from 2023, where total emissions were about 427,126,000 kg CO2e, including 192,000 kg CO2e (Scope 1), 1,516,000 kg CO2e (Scope 2, market-based), and 425,418,000 kg CO2e (Scope 3). If P&C Insurance has set ambitious reduction targets, aiming for a 60% reduction in Scope 1 and 2 emissions by the end of 2021 compared to 2008 levels, which they achieved. Additionally, they have committed to reducing absolute Scope 1 and 2 GHG emissions by 42.5% by 2030 from a 2020 baseline. Their long-term goal includes a 50% reduction in CO2 emissions by 2050 compared to 2008 levels. The company is part of a corporate family under If P&C Insurance Holding Ltd (publ), which has cascading data and targets from its parent organization, Sampo Oyj. The targets set by If P&C Insurance are aligned with the Science Based Targets initiative (SBTi), ensuring that their emissions reduction strategies are consistent with the global goal of limiting warming to 1.5°C. Overall, If P&C Insurance demonstrates a strong commitment to reducing its carbon footprint and addressing climate change through measurable targets and achievements.
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| 2017 | 2018 | 2019 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000 | - | 00,000 | 000,000 | 000,000 |
| Scope 2 | - | 0,000,000 | - | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 5,453,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 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&C Insurance is participating in some 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.
