Ethias
Ethias, officially known as Ethias SA, is a prominent insurance company headquartered in Belgium (BE). Established in 1907, Ethias has evolved into a key player in the insurance industry, primarily serving the Belgian market with a focus on life, health, and property insurance. The company is renowned for its commitment to customer-centric solutions and innovative insurance products tailored to meet diverse client needs. With a strong presence across major operational regions in Belgium, Ethias has achieved significant milestones, including the introduction of digital services that enhance customer experience. Its unique offerings, such as comprehensive coverage options and competitive pricing, position Ethias as a trusted choice for individuals and businesses alike. The company’s dedication to sustainability and social responsibility further solidifies its reputation in the market, making it a notable leader in the Belgian insurance landscape.
DitchCarbon Score
How does Ethias'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 Other 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
Ethias's score of 68 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ethias's reported carbon emissions
In 2024, Ethias reported total carbon emissions of approximately 3,427,858,340 kg CO2e. This includes Scope 1 emissions of about 8,537,550 kg CO2e, Scope 2 emissions of approximately 2,342,10 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 3,419,086,580 kg CO2e. Ethias has set ambitious climate commitments, aiming for a 70% reduction in absolute greenhouse gas emissions (Scope 1 and 2) by 2030, using 2023 as the baseline year. Additionally, the company has committed to achieving net-zero emissions by 2050, as part of its long-term strategy. In the near term, Ethias also targets a 51% reduction in GHG emissions per square metre from its property investment portfolio by 2029. These initiatives reflect Ethias's commitment to sustainability and its proactive approach to addressing climate change within the financial and insurance sectors.
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| 2021 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,580,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 9,000 | 000,000 | 000,000 |
| Scope 3 | 1,750,000 | 00,000,000 | 0,000,000,000 |
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.
Ethias 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.
