Lloyd's of London Limited, commonly referred to as Lloyd's, is a renowned insurance and reinsurance market headquartered in London, GB. Established in 1688, Lloyd's has a rich history of innovation and resilience, evolving into a global leader in the insurance industry. The market operates primarily in the United Kingdom and has a significant presence in key regions worldwide, including North America and Asia. Lloyd's is distinguished by its unique marketplace model, where multiple financial backers, known as syndicates, come together to underwrite risks across various sectors, including marine, aviation, and specialty insurance. This collaborative approach allows Lloyd's to offer tailored solutions that meet the diverse needs of clients. With a strong reputation for financial strength and expertise, Lloyd's continues to be a pivotal player in the global insurance landscape, consistently achieving notable milestones in risk management and innovation.
How does Lloyd's of London Limited'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.
Mean score of companies in the Other Services 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.
Lloyd's of London Limited's score of 21 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Lloyd's of London Limited reported total carbon emissions of approximately 4,278,000 kg CO2e. This figure includes Scope 1 emissions of about 1,263,000 kg CO2e, Scope 2 emissions (market-based) of approximately 281,000 kg CO2e, and significant Scope 3 emissions totalling around 3,015,000 kg CO2e. The total Scope 1 and 2 emissions (market-based) amount to about 1,263,000 kg CO2e, while the location-based total for Scope 2 is approximately 2,473,000 kg CO2e. Despite these figures, Lloyd's has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has reported an emissions intensity of about 6,300 kg CO2e per full-time equivalent (FTE) employee for the year 2024. As of now, Lloyd's of London Limited has not committed to any specific climate pledges or science-based targets for emissions reduction, indicating a potential area for future development in their sustainability strategy.
Access structured emissions data, company-specific emission factors, and source documents
2024 | |
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Scope 1 | 1,263,000 |
Scope 2 | 281,000 |
Scope 3 | 3,015,000 |
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.
Lloyd's of London Limited 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.