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 38 is higher than 87% 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 2024, W R Berkley reported total carbon emissions of approximately 25,514,000 kg CO2e, comprising about 10,412,000 kg CO2e from Scope 1 and about 15,102,000 kg CO2e from Scope 2 emissions. This marks a slight increase from 2023, where total emissions were about 26,143,000 kg CO2e, with Scope 1 at approximately 9,371,000 kg CO2e and Scope 2 at about 16,772,000 kg CO2e. W R Berkley has set ambitious climate commitments, aiming to reduce both Scope 1 and Scope 2 emissions to near zero by 2025. This near-term target reflects their commitment to significant emissions reductions in the coming years. Additionally, they achieved a 7.5% reduction in greenhouse gas emissions intensity across their commercial portfolio between 2021 and 2022, demonstrating progress in their sustainability efforts. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Overall, W R Berkley's climate strategy is focused on substantial reductions in direct and indirect emissions, aligning with industry standards for climate action.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 5,393,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 18,487,000 | 00,000,000 | 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.
