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 34 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Admiral's reported carbon emissions
In 2023, Admiral Group Plc reported total carbon emissions of approximately 4,000,000 kg CO2e, comprising 1,507,000 kg CO2e from Scope 1, 585,000 kg CO2e from Scope 2, and 1,977,000 kg CO2e from Scope 3 emissions. This data reflects the company's ongoing commitment to transparency in its carbon footprint. In 2021, Admiral's emissions were approximately 2,147,000 kg CO2e, with Scope 1 emissions at 598,000 kg CO2e, Scope 2 at 1,549,000 kg CO2e, and Scope 3 at 315,000 kg CO2e. This indicates a significant increase in emissions over the following years, particularly in Scope 3, which includes emissions from business travel and purchased goods. Admiral has set near-term targets aligned with the Science Based Targets initiative (SBTi) to limit global warming to 1.5°C. These targets cover 40% of its total investment and lending by assets under management as of 2021. However, the company has not committed to a net-zero target as of now. Overall, Admiral Group Plc is actively working towards reducing its carbon emissions, focusing on operational efficiencies and sustainable practices, while also engaging in broader climate commitments within the financial and insurance sectors.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2013 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 36,000 | 000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 2 | 6,795,000 | 0,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 3 | 1,332,000 | 0,000 | 0,000,000 | 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 committed to some 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.
