Arch Capital
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.
DitchCarbon Score
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.
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
Arch Capital's score of 50 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Arch Capital's reported carbon emissions
In 2023, Arch Capital reported total carbon emissions of approximately 84,809,000 kg CO2e, with emissions distributed across various scopes: 1,443,000 kg CO2e from Scope 1, 5,414,000 kg CO2e from Scope 2, and 77,952,000 kg CO2e from Scope 3. This represents a significant increase from previous years, where total emissions were about 71,871,000 kg CO2e in 2022 and 56,789,000 kg CO2e in 2021. Arch Capital has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2020 as the baseline year. Additionally, the company is committed to achieving net zero operations by 2030, which will involve purchasing carbon removal offsets for any remaining Scope 1 and Scope 2 emissions. The company’s emissions data reflects a comprehensive approach to climate accountability, with disclosures across all three scopes of emissions. Arch Capital's ongoing efforts to mitigate its carbon footprint align with industry standards and demonstrate a proactive stance towards climate change.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,008,000 | 000,000 | 0,000,000 | 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 | 0,000,000 |
| Scope 3 | 8,876,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Arch Capital is not participating in any 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.
