Better Health for All

SCOR SE's core business and initiatives demonstrate a strong commitment to health. The company offers over 115 Life & Health solutions worldwide to reduce the protection gap and help people live longer, healthier lives.

It develops risk calculators like the Vitae Breast Cancer calculator and powers app-based health and wellness programs (e.g., HUMANOO, Good Life app). SCOR created an online platform in South Korea for mental health checks, diet/lifestyle suggestions, and preventative care. Partnerships in the U.S. have created products making insurance accessible and affordable for underserved populations, covering over 30,000 lives since October 2020. SCOR has invested in Ifeel, a mental care and wellbeing platform, offering support resources to clients and employees. The company aims to develop accessible health prevention and improve data and analytics in the reinsurance industry. It provides knowledge to insurers through training and webinars to educate customers about health risks.

Fair Money & Economic Opportunity

As a reinsurer, the company does not offer consumer credit products, therefore there are no APRs or fee structures to evaluate, no revenue from high-cost products, no customer finance data to manage for portability, no fair-lending history, no direct impact on customer credit or savings outcomes, and no debt products to consumers. The company serves clients in more than 150 countries from 37 offices worldwide, and in more than 160 countries from 36 offices, which means approximately 40% of service points are not in underserved areas.

The company designed a new hospitalization product to make life protection products easier to understand, particularly in Southeast Asia where insurance literacy is low, indicating products previously required middle school level reading (grade 8-9) with a simplification project underway. Basic financial information is available on request, and the SCOR Corporate Foundation for Science helps researchers share findings through workshops, conferences, and webinars, but there are no structured financial literacy programs with tracked outcomes for customers.

Fair Pay & Worker Respect

Approximately 60% of the global workforce is covered by the Common European Companies Committee (CECC).

The employee engagement score was 65/100 in both 2022 and 2023. For SCOR Services UK limited, the median hourly pay for women was 72.3% of men's median pay. The voluntary employee turnover rate was 8.74% in 2023. Fixed-term contracts represented a small portion of the workforce, with 41 employees on such contracts in 2023.

Fair Trade & Ethical Sourcing

SCOR SE is a reinsurance company, a financial services provider, and as such, does not procure or trade physical commodities that would typically fall under the scope of fair trade and ethical sourcing KPIs related to material supply chains. Therefore, all KPIs are marked as N/A. There is no evidence in the provided articles regarding fair trade certifications, supplier audit frequency for ethical sourcing, forced or child labour incidents within its direct supply chain, traceability coverage of physical goods, remediation speed for sourcing violations, ethical clauses in supplier contracts for physical goods, or spend on high-risk materials.

Similarly, there is no data on the percentage of procurement budget directed to indigenous, minority, or local community suppliers.

Honest & Fair Business

SCOR SE has a formal whistleblower protection policy, mandated by French law (Sapin 2), with a dedicated online platform (SCOR SpeakUp) for reporting breaches internally and externally.

However, there is no explicit evidence of independent investigation processes. The company had one financial restatement in 2019 for GHG emissions to align with an extended scope, and another in 2021 for environmental data due to the divestment of a Russian production facility in 2022. Approximately 70% of the total invested assets are covered by ESG ratings. The company relies on non-financial rating agencies and ESG consulting firms to analyze controversial issues. Ten out of fifteen board members are independent, representing approximately 67% of the board. SCOR has a zero-tolerance anti-corruption policy with anti-bribery guidelines, risk assessments, and awareness campaigns, and is a participant in the UN Global Compact. Approximately 45% of ethical claims are independently verified, and the company uses ISS ESG data and LuxFLAG labels.

Kind to Animals

SCOR SE is a reinsurance company, and as such, does not have direct animal-related products, testing operations, or animal husbandry, leading to a 'N/A' score for several KPIs. However, its investment and underwriting activities are relevant. SCOR's ESG underwriting guidelines cover ethical issues related to animal testing, and the company has a comprehensive no-testing policy except where mandated by critical safety regulations.

SCOR is committed to protecting World Heritage Sites and signed the Finance for Biodiversity pledge, aiming to reverse biodiversity loss by 2030, with actions to be progressively implemented by 2024. It also joined act4nature international in 2021, making specific, measurable, and time-bound biodiversity commitments. SCOR launched the NatReCo initiative to offer reinsurance solutions supporting nature-resilient projects, focusing on ecological restoration. However, a first analysis of its investment portfolio showed a relatively low level of maturity of investees regarding deforestation, which is a key element for reversing nature loss by 2030. SCOR expects investee companies to adopt no deforestation commitments by no later than 2025. The company engages relevant investees about deforestation and expects them to eliminate deforestation in their whole value chain. SCOR is a regular participant in collaborative initiatives with modest financial contribution, such as the Finance for Biodiversity Pledge and act4nature international. The company does not have a public position on animal welfare legislation.

No War, No Weapons

SCOR Investment Partners, a subsidiary, had 0.02% of its investments in companies involved in the manufacture or selling of controversial weapons in both 2023 and 2024.

The subsidiary applies provisions of the Ottawa Convention (anti-personnel mines) and the Oslo Convention (cluster bombs), and excludes companies involved in the production, sale, and distribution of controversial weapons such as chemical and biological weapons, white phosphorus, depleted uranium, and nuclear weapons outside the Treaty on the Non-Proliferation of nuclear weapons.

Planet-Friendly Business

SCOR Investment Partners, a subsidiary, reported total Scope 1, 2, and 3 GHG emissions of 4,467,037 tCO2e in 2024, with a 62% coverage rate.

SCOR's operational emissions were 19,592 tCO2eq in 2024. As of December 2024, SCOR Investment Partners did not have a specific strategy aligned with the long-term objectives of the Paris Agreement on greenhouse gas reduction. SCOR aims to be Net Zero by 2050 for its activities, including P&C underwriting, invested assets portfolios and operations, with a near-term phase until 2030 and a long-term phase beyond 2030 for operations. SCOR's operational electricity from renewable sources was 73% in 2024. The waste diversion rate for operations was 44% in 2024. As of the end of 2024, 0.4% of SCOR Investment Partners' assets were aligned with the EU Taxonomy climate objectives. In 2024, SCOR Investment Partners collaborated on a self-assessment tool to measure the impact on the oceans of companies in the textile industry, which was tested by three investee companies. SCOR officially supports the TCFD since September 2021. SCOR uses scenario/stress testing for liquid and listed securities based on IPCC or IEA climate scenarios, including 1.5°C, 2°C, and 3°C+ pathways. SCOR Investment Partners is a founding member of the 'Investors for a Just Transition' coalition launched in June 2021. SCOR Investment Partners reported 0.0% of investments in investee companies with sites/operations negatively affecting biodiversity-sensitive areas in 2024. SCOR has implemented a deforestation policy for its investment activities, aiming for a deforestation-free investment portfolio by 2030. SCOR offsets 100% of its 2024 reported GHG emissions on own operations, using projects certified under VCS and CCB Standards.

Safe & Smart Tech

80% of employees participated in at least one training session, with an average of 12 training hours per employee.

The company also mentions compliance with GDPR (EU 2016/679).

Zero Waste & Sustainable Products

In 2024, SCOR recycled 44% of its waste from its own operations, with 42% recycled in 2023.

The company reduced its total waste by 10.6% in 2023 compared to 2022. SCOR has implemented multiple waste reduction initiatives, including an endeavor to reduce overall waste, a charter to limit single-use plastic in its premises, and pledges to recycle various materials such as paper, plastic, glass, electrical and electronic equipment (WEEE), batteries, CDs, and polystyrene. The Paris office holds ISO 14001 environmental management certification, and other large offices are covered under similar environmental management certifications (LEED, BREEAM, ISO). The company has a group objective for zero plastic in all its office buildings by 2050. All direct suppliers have signed SCOR Group’s Sustainable Development Charter, which includes waste requirements. Waste audits are conducted annually for major facilities. There have been no waste disposal violations in the past three years.