Arch Capital Group Ltd., commonly referred to as Arch Capital, is a leading global provider of insurance, reinsurance, and mortgage insurance solutions. Headquartered in Bermuda, the company operates extensively across North America, Europe, and Asia, catering to a diverse clientele. Founded in 2001, Arch Capital has achieved significant milestones, including rapid growth and expansion into various markets. The firm is renowned for its innovative approach to risk management, offering unique products and services that address the evolving needs of its customers. Arch Capital's commitment to excellence has positioned it as a key player in the insurance industry, with notable achievements in underwriting and claims management. With a strong focus on providing tailored solutions, Arch Capital continues to set itself apart in a competitive landscape.
How does Arch Capital'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 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.
Arch Capital's score of 36 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Arch Capital reported total carbon emissions of approximately 84,809,000 kg CO2e. This figure includes 1,443,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources. Scope 2 emissions, related to the generation of purchased electricity, steam, heating, and cooling, accounted for about 5,414,000 kg CO2e. The majority of their emissions, approximately 77,952,000 kg CO2e, fell under Scope 3, which includes indirect emissions from the value chain, such as capital goods and business travel. Over the years, Arch Capital has shown fluctuations in its emissions, with a notable increase from 71,871,000 kg CO2e in 2022 to the current figure in 2023. Despite this increase, there are no specific reduction targets or initiatives disclosed in their climate commitments, indicating a potential area for improvement in their sustainability strategy. Overall, Arch Capital's emissions profile highlights the significant impact of Scope 3 emissions, which represent the largest portion of their carbon footprint. The absence of defined reduction targets suggests that the company may need to enhance its climate action commitments to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,008,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 5,775,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 8,876,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Arch Capital is not committed to any 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.