AIR Worldwide Corporation Sustainability Profile
AIR Worldwide Corporation, commonly referred to as AIR, is a leading provider of risk modelling and analytics solutions, headquartered in the United States. Founded in 1987, the company has established itself as a key player in the insurance and reinsurance industries, offering innovative tools that help clients assess and manage risk across various sectors. With a strong presence in North America, Europe, and Asia, AIR delivers advanced catastrophe modelling and risk assessment services. Its core products, including the AIR Earthquake Model and the AIR Tropical Cyclone Model, are renowned for their accuracy and comprehensive data integration, setting the company apart in a competitive market. Recognised for its expertise, AIR has achieved significant milestones, including partnerships with major insurance firms and contributions to industry standards. As a trusted name in risk management, AIR Worldwide continues to shape the future of catastrophe modelling and analytics.
DitchCarbon Score
How does AIR Worldwide Corporation'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
AIR Worldwide Corporation's score of 67 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AIR Worldwide Corporation, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Verisk Analytics, Inc., which may influence its climate commitments and reporting practices. While AIR Worldwide Corporation has not set specific reduction targets or initiatives, it is important to note that its parent company, Verisk Analytics, Inc., is involved in various climate-related initiatives. These include commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP). However, specific details regarding emissions reductions or targets for AIR Worldwide Corporation itself are not available. As a subsidiary, AIR Worldwide Corporation may align its climate strategies with those of Verisk Analytics, which could include broader corporate sustainability goals. Nonetheless, without specific emissions data or reduction commitments, the company's individual climate impact remains unclear.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,800,100 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 12,496,100 | 00,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 7,735,600 | 0,000,000 | 0,000,000 | 0,000,000 | - | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is AIR Worldwide Corporation's Industry?
How Carbon Intensive is AIR Worldwide Corporation's Location?
AIR Worldwide Corporation's Scope 3 Categories Breakdown
AIR Worldwide Corporation's Scope 3 emissions, which increased by 18% last year and decreased by approximately 51% since 2015, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 58% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 95% of Scope 3 emissions.
Top Scope 3 Categories
AIR Worldwide Corporation'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.
AIR Worldwide Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
