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European Climate Pact

Overview

Location

Germany

Sector

Banking, Financial and Insurance Services

Organisation type
Business

Company Information

The Talanx Group is a multi-brand provider in the insurance and financial services sector. It is based in Hannover, Germany and employs 23,954 people worldwide. In 2021 Talanx reported a turnover of 45.5 billion Euro.*

*Source

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • Have an internal price on carbon 
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 
  • Take action to align our portfolio to a 1.5°C world
  • Assess if  clients/investees’ business strategies are aligned to a well below 2-degree world

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

North Star

  • Talanx AG have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have a high-level management position with climate-related responsibilities
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022