Admiral
Admiral Group plc, commonly known as Admiral, is a leading insurance provider headquartered in Cardiff, GB. Founded in 1993, the company has established itself as a prominent player in the UK insurance market, particularly in car insurance, home insurance, and travel insurance. With a focus on innovation and customer service, Admiral has introduced unique offerings such as multi-car insurance, which allows families to save on premiums by insuring multiple vehicles under one policy. Over the years, Admiral has achieved significant milestones, including its listing on the London Stock Exchange in 2004. The company is renowned for its strong market position, consistently ranking among the top insurers in the UK. With a commitment to transparency and competitive pricing, Admiral continues to set itself apart in the insurance industry, serving millions of customers across the UK and beyond.
DitchCarbon Score
How does Admiral'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
Admiral's score of 48 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Admiral's reported carbon emissions
In 2023, Admiral Group Plc reported total carbon emissions of approximately 1,977,000 kg CO2e. This includes Scope 1 emissions of about 519,000 kg CO2e, Scope 2 emissions of approximately 585,000 kg CO2e (market-based), and Scope 3 emissions also at about 1,977,000 kg CO2e. Admiral has set near-term targets aligned with the Science Based Targets initiative (SBTi) to ensure their operations contribute to limiting global warming to 1.5°C. Specifically, their targets cover 40% of total investment and lending by assets under management as of 2021. The company aims to achieve these targets by 2028, focusing on reducing greenhouse gas emissions from their operations (Scopes 1 and 2). Historically, Admiral's emissions in 2013 were significantly higher, with total emissions of about 5,706,000 kg CO2e in the UK, which included Scope 1 emissions of 36,000 kg CO2e, Scope 2 emissions of approximately 4,532,000 kg CO2e, and Scope 3 emissions of about 1,138,000 kg CO2e. This indicates a substantial reduction in emissions over the years, showcasing Admiral's commitment to improving their environmental impact. Overall, Admiral Group Plc is actively working towards reducing its carbon footprint and aligning its operations with global climate goals.
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| 2013 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 36,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 6,795,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 3 | 1,332,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Admiral is participating in some 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.
