Public Profile

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.

17

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.

27

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.

12%

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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. The company has not disclosed emissions data for 2023, and there are no specific reduction targets or climate pledges noted in their recent reports. PZU's emissions intensity metrics indicate that in 2022, the emissions per employee were about 2,610 kg CO2e, and emissions per PLN million of consolidated assets were approximately 0.00022 kg CO2e. The company has not set any formal reduction targets under the Science Based Targets initiative (SBTi) or other frameworks, which suggests a need for enhanced climate commitments moving forward. Overall, while PZU has made strides in measuring its carbon footprint, the absence of clear reduction initiatives or targets highlights an opportunity for the company to strengthen its climate action strategy in alignment with industry standards.

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2022
Scope 1
147,960
Scope 2
16,750
Scope 3
581,490

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. PZU's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for PZU is in PL, which has a very high grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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