W R Berkley
W. R. Berkley Corporation, commonly referred to as Berkley, is a prominent player in the insurance industry, headquartered in the United States. Founded in 1967, the company has established a strong presence across various operational regions, including North America and Europe. Berkley is renowned for its specialty insurance and reinsurance services, focusing on areas such as commercial lines, excess and surplus lines, and alternative risk transfer. With a commitment to innovation and customer service, Berkley offers unique products tailored to meet the diverse needs of its clients. The company has achieved significant milestones, including consistent growth and a robust market position, making it one of the leading providers in the sector. Berkley's dedication to underwriting excellence and risk management sets it apart in a competitive landscape.
DitchCarbon Score
How does W R Berkley'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 Insurance 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.
Industry Benchmark
W R Berkley's score of 33 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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W R Berkley's reported carbon emissions
In 2023, W R Berkley reported total greenhouse gas emissions of approximately 9,371,000 kg CO2e for Scope 1 and about 16,772,000 kg CO2e for Scope 2, resulting in a combined total of around 26,143,000 kg CO2e for both scopes. This marks a significant increase from 2022, where emissions were approximately 7,435,000 kg CO2e for Scope 1 and about 16,190,000 kg CO2e for Scope 2, leading to a total of around 23,625,000 kg CO2e. W R Berkley has made notable strides in reducing emissions intensity, achieving a 7.5% reduction across its entire commercial portfolio between 2021 and 2022 for both Scope 1 and Scope 2 emissions. This commitment to lowering emissions intensity reflects the company's proactive approach to climate action. While there is no data available for Scope 3 emissions, W R Berkley has demonstrated a commitment to sustainability through its emissions reduction initiatives and transparency in reporting. The company continues to focus on enhancing its environmental performance as part of its broader climate commitments.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 5,393,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 18,487,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
W R Berkley is not participating in any of the initiatives that 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.
