Public Profile

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.

25

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.

2

Industry Benchmark

W R Berkley's score of 25 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

74%

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 shown a commitment to addressing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. In previous years, emissions from Scope 2 were recorded at 345,600 kg CO2e in 2020, 460,200 kg CO2e in 2018, and 438,900 kg CO2e in 2017, indicating a fluctuating trend in energy consumption. The absence of defined reduction targets suggests that while W R Berkley is aware of its emissions, it has yet to formalise a comprehensive strategy for significant reductions. Overall, W R Berkley's emissions data reflects its operational impact, and the company may benefit from establishing clear climate commitments to enhance its sustainability profile in the insurance industry.

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202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. W R Berkley's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. W R Berkley is headquartered in US, which has a rank of low, indicating low grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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