Offers reinsurance solutions for life, health, and property/casualty risks.
1966
Germany
1,001 - 5,000 employees
Insurance
$10B+ in revenue
$1B - 10B in profitability
Industry Rank
28 out of 103
See all
Carbon emissions
Electricity consumption
Carbon certificate projects
Targets
Other sustainability metrics
Industry rank: 4 out of 103ⓈThe carbon emissions rank is based on a company's CO2 equivalent Scope 1 and 2 greenhouse gas emissions compared to other companies in the same industry (over 50 companies) in Illuminem's database. Higher emissions result in a lower rank.
Total CO2 emissions
(CO2e tons)
Industry rank: 4 out of 103ⓈThe carbon emissions rank is based on a company's CO2 equivalent Scope 1 and 2 greenhouse gas emissions compared to other companies in the same industry (over 50 companies) in Illuminem's database. Higher emissions result in a lower rank.
Company actuals (net of offset)
Industry Benchmark
(adj. for company revenues)
Subsector | Country | Transaction date ⓘ | |||||
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2021 | 2022 | 2023 | 2024 | 2025 | Total | ||
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Target | Year | Value | Scope | Baseline |
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Interim emissions reductionⓈCompany sustainability report | 2025 | 30% | 1&2 (corporate bonds, covered bonds, and equities) | 2019 |
Interim emissions reductionⓈCompany sustainability report | 2025 | 25% | - | 2019 |
Hannover Re has achieved several environmental goals by 2023, including supporting the Paris Agreement's climate goals, promoting actuarial methods for climate risk assessment, and reducing greenhouse gas emissions at the Hannover location by 25% per employee from a 2019 baseline. The company has also increased transparency around greenhouse gas emissions at worldwide locations and achieved a 30% reduction target in the carbon footprint of its asset portfolio by 2025. However, the progress description lacks specific quantitative details on reductions across all emission scopes (Scope 1, 2, and 3) and does not provide a comprehensive update on a net zero target.
Category | Description | Metric | Year | ||
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Social | Share of female employees | % |
Sustainability employees
4-6
ⓈThis value represents the estimated number of employees in a company with sustainability-related roles or job titles, as determined by Illuminem using publicly available data.Svenja S.
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