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.
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.
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.
Admiral's score of 28 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Admiral Group Plc reported total carbon emissions of approximately 1,953,000 kg CO2e, comprising 553,000 kg CO2e from Scope 1 and 1,400,000 kg CO2e from Scope 2 (location-based). The company has set near-term targets aligned with a 1.5°C pathway, covering 40% of its total investment and lending by assets under management as of 2021. This includes a commitment to reduce greenhouse gas emissions from its operations (Scopes 1 and 2) in line with the necessary reductions to limit global warming. In 2022, Admiral's emissions were approximately 2,147,000 kg CO2e in the UK, with 598,000 kg CO2e from Scope 1 and 1,549,000 kg CO2e from Scope 2 (location-based). The company has not yet committed to net-zero emissions but is actively working towards significant reductions in its operational carbon footprint. Admiral's emissions data is sourced directly from the company, with no cascading from a parent organization. The company continues to focus on sustainability initiatives within the financial services sector, aiming to enhance its environmental performance and contribute to global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2013 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Scope 1 | 36,000 | 000,000 | 000,000 | 0,000,000 | 000,000 |
Scope 2 | 6,795,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 1,332,000 | 0,000,000 | 000,000 | - | - |
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.