RenaissanceRe
RenaissanceRe Holdings Ltd., commonly known as RenaissanceRe, is a leading global provider of reinsurance and insurance solutions, headquartered in the United States. Founded in 1993, the company has established a strong presence in key operational regions, including Bermuda, the United States, and Europe. Specialising in property and casualty reinsurance, RenaissanceRe is renowned for its innovative risk management solutions and advanced analytics capabilities. The firm’s unique approach to underwriting and its commitment to leveraging technology have positioned it as a market leader in the industry. With a robust portfolio of core products and services, RenaissanceRe has achieved notable milestones, including consistent recognition for its financial strength and operational excellence. The company’s dedication to delivering value to clients has solidified its reputation as a trusted partner in the reinsurance sector.
DitchCarbon Score
How does RenaissanceRe's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
RenaissanceRe's score of 13 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
RenaissanceRe's reported carbon emissions
In 2019, RenaissanceRe reported total carbon emissions of approximately 10,795,000 kg CO2e globally, with significant contributions from Scope 3 emissions, particularly from business travel, which accounted for about 9,465,000 kg CO2e. In the US, the company’s emissions totalled around 947,000 kg CO2e, with Scope 3 emissions from business travel contributing approximately 679,000 kg CO2e. RenaissanceRe's emissions data also includes regional figures, such as 1,186,000 kg CO2e in Great Britain, 331,000 kg CO2e in Ireland, 634,000 kg CO2e in Switzerland, 150,000 kg CO2e in Singapore, and 1,385,000 kg CO2e in Australia, all primarily driven by Scope 3 emissions from business travel. Despite the detailed emissions reporting, RenaissanceRe has not established specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 1,267,000 |
| Scope 3 | 9,465,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
RenaissanceRe is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
