Climate Change Data

SCOR Investment Partners SE

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:81,060 kg CO2eq/year
Scope 1 Emissions:2,524 kg CO2eq/year
Scope 2 Emissions:5,315 kg CO2eq/year
Scope 3 Emissions:73,221 kg CO2eq/year
Renewable Energy Share:100% (Paris and London offices)
Total Energy Consumption:114,666 kWh/year
Water Consumption:589 m3/year
Waste Generated:3,581 kg/year
Carbon Intensity:1,001 kg CO2eq/employee/year

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Responsible Investment
  • Ethical Business Practices
  • Sustainable Finance

Environmental Achievements

  • Reduced waste generation by 10.6% versus 2022
  • Increased share of recycled waste by 3.2% versus 2022
  • Increased share of electricity from renewable sources to 100% in 2023 (Paris and London offices)
  • Reduced energy consumption by 16.7% versus 2022

Social Achievements

  • Reduced staff turnover rate to 13.2% (vs 18.7% in 2022)
  • Increased training hours provided to 1646 hours
  • 6.5 days of community engagement recorded
  • Implemented flex office policy to improve work-life balance
  • 42.4% women in the workforce

Governance Achievements

  • 40% women on the Board of Directors
  • 33% women in the Executive Committee
  • Implemented a robust risk culture incorporating ESG risks and opportunities
  • Established a new whistleblowing platform (SCOR SpeakUp)
  • Developed a strict supplier selection process

Climate Goals & Targets

Long-term Goals:
  • Zero plastic in all office buildings by 2050
Medium-term Goals:
  • Net zero emissions by 2030
Short-term Goals:
  • >70% of electricity from renewable sources by 2025

Environmental Challenges

  • Increase in business travel leading to higher greenhouse gas emissions
  • Maintaining momentum in sustainable finance with evolving legislation and methodologies
Mitigation Strategies
  • Encouraging alternative options to business travel, such as virtual meetings
  • Providing information on the environmental impact of business trips
  • Using a business travel booking tool that shows the carbon footprint of each trip
  • Subsidizing public transport for employees
  • Transitioning to electric vehicles for car leases
  • Active participation in industry initiatives and collaborations to share best practices

Supply Chain Management

Supplier Audits: 100% of suppliers signed SCOR Group’s Sustainable Development Charter

Responsible Procurement
  • SCOR Group’s Sustainable Development Charter

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: PRI, SFDR, SASB, TCFD (implicitly through climate-related disclosures)

Certifications: ISO 14001, ISO 50001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 7
  • SDG 11
  • SDG 13

Initiatives align with promoting affordable and clean energy, sustainable cities and communities, and climate action.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed