Gjensidige Forsikring

Multi-line Insurance

GJF.OL

NOK 155 (0.19)%

Share price

$ 7.2 bn

Market Cap

$ 7.2 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

FY2022

Gjensidige Forsikring aims to reduce all Scopes by 75% by 2025 from a base year 2019

This target is most likely outdated and the company appears to have already achieved it

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Gjensidige Forsikring reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 0.8 Kt (-1 /-56.8% y-o-y). Also positively, carbon intensity was down at 0.2 t (-0.4 /-66.7% y-o-y).

Gjensidige Forsikring's Scope 3 emissions decreased to 0.36 Kt (-0.14 /-27.8% y-o-y). The rate of decline has slowed vs. the previous periods (CAGR -43.9% since 4Q'19).

The company is committed to reducing all Scopes by 75% by 2025 from a base year 2019, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	0.8	0.39	0.41	0.36	3,883	0.2
2020Q4	1.8	0.46	1.4	0.49	3,235	0.6
2019Q4	5.1	0.46	4.7	2	3,415	1.5