Solera is dedicated to helping insurers understand and address Scope 3 emissions in the automotive claims management journey.We believe that sustainability is a crucial aspect of every business, including the insurance industry.As insurers, you play a significant role in mitigating environmental impacts, and understanding and managing Scope 3 emissions is a vital step towards achieving a greener future.
Scope 3 emissions are indirect greenhouse gas (GHG) emissions that occur as a result of an organization’s activities but come from sources outside the organization’s direct control. In the context of automotive claims management, Scope 3 emissions can arise from various activities, including supplier operations, vehicle use by customers, and transportation of damaged vehicles.
Studies show that the automotive claims management journey contributes significantly to Scope 3 emissions for insurers worldwide. As sustainability becomes a pressing concern, addressing Scope 3 emissions is crucial for several reasons:
By 2025, the measurement of Scope 3 emissions is expected to be mandatory in many regions. Insurers need to be prepared to comply with these regulations
Failure to address Scope 3 emissions can lead to reputational risks, financial impacts, and potential legal liabilities.
Embracing sustainability and showcasing efforts to reduce Scope 3 emissions can attract eco-conscious customers who prioritize green practices.
Sustainability Estimatics – Claims for Green Impact
At Solera we are committed to supporting insurers in their journey towards sustainability with our new suite of solutions Sustainable Estimatics. Our comprehensive suite of sustainable solutions for automotive claims management includes:
We provide accurate data on Scope 3 emissions throughout the claims journey, helping you understand your environmental impact better.
Our expert team will work with you to identify areas for improvement and implement mitigation strategies to reduce Scope 3 emissions.
We can assist you in offsetting your remaining emissions through verified carbon offset projects, contributing to environmental preservation.
If you’re an insurer looking to make a positive impact on the environment and build a sustainable reputation, we’re here to help. Let’s work together with Sustainable Estimatics to measure, manage, and reduce Scope 3 emissions in your automotive claims management journey.
Together, we can create a greener and more sustainable future for the insurance industry and beyond