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 25 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
W R Berkley's reported carbon emissions
In 2023, W R Berkley reported total carbon emissions of approximately 26,143,000 kg CO2e, comprising 9,371,000 kg CO2e from Scope 1 and 16,772,000 kg CO2e from Scope 2 emissions. The company has not disclosed any specific reduction targets or initiatives, nor does it appear to have committed to the Science Based Targets initiative (SBTi). Looking back at previous years, in 2022, W R Berkley emitted about 23,625,000 kg CO2e, with 7,435,000 kg CO2e from Scope 1 and 16,190,000 kg CO2e from Scope 2. The trend indicates a rise in emissions over the years, with 2021 emissions recorded at approximately 23,880,000 kg CO2e, including 5,393,000 kg CO2e from Scope 1 and 18,487,000 kg CO2e from Scope 2. Despite the increase in emissions, W R Berkley has not outlined any formal climate commitments or reduction strategies, which places it in a challenging position within the industry as stakeholders increasingly demand transparency and action on climate change.
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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 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.
