Hannover Re
Reinsurance
HNR1.DE
€ 145 (1.3)%
Share price
$ 18 bn
Market Cap
$ 21 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
Hannover Re aims to achieve net zero for Scope 1 + 2 by 2030
This target has not been verified as science based according to SBTi
GHG emissions and Carbon intensity
Hannover Re reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 1.9 Kt (-0.62 /-24.7% y-o-y). At the same time, carbon intensity remained flat at 0.1 t.
Hannover Re's Scope 3 emissions tumbled to 1.8 Kt (
The company is committed to achieving net zero for Scope 1 + 2 by 2030, which translates into the estimated reduction of -0.19 Kt per annum over the period of FY2021 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
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