Admiral Sustainability Profile
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 53 is higher than 69% 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 2024, Admiral Group Plc reported total carbon emissions of approximately 761.1 million kg CO2e. This figure includes 542,000 kg CO2e from Scope 1 emissions, 557,000 kg CO2e from Scope 2 emissions, and a significant 760 million kg CO2e from Scope 3 emissions, primarily related to investments. In 2023, the company recorded total emissions of approximately 566,000 kg CO2e in the UK, with Scope 1 emissions at 553,000 kg CO2e and Scope 2 emissions at 0 kg CO2e, indicating a reliance on location-based accounting for energy consumption. Admiral has set near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for reductions consistent with limiting global warming to 1.5°C. These targets cover 40% of its total investment and lending by assets under management as of 2021. The company has not committed to a net-zero target as of now. The emissions data is sourced directly from Admiral Group Plc, with no cascading from a parent organization. The company continues to focus on enhancing its sustainability practices within the financial services sector, which includes banks and insurance.
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| 2013 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 36,000 | 000,000 | 000,000 | - | - | - | 000,000 |
| Scope 2 | 6,795,000 | 0,000,000 | 000,000 | - | - | - | 000,000 |
| Scope 3 | 1,332,000 | 0,000,000 | 000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
How Carbon Intensive is Admiral's Industry?
How Carbon Intensive is Admiral's Location?
Admiral's Scope 3 Categories Breakdown
Admiral's Scope 3 emissions, which decreased by 26% last year and increased significantly since 2013, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Admiral's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Admiral has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Admiral's sustainability data and climate commitments