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 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.
Arch Capital's score of 52 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Arch Capital, headquartered in Bermuda (BM), reported total carbon emissions of approximately 88,128,000 kg CO2e. This figure includes 2,252,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 2,091,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 79,678,000 kg CO2e, fall under Scope 3, which includes emissions from the entire value chain, such as capital goods and business travel. Arch Capital has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions to near zero by 2025. Additionally, the company has committed to achieving net zero operations by 2030, which will involve purchasing carbon removal offsets for any remaining emissions. They also plan to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2020 as the baseline year. This commitment reflects Arch Capital's proactive approach to climate change, aligning with industry standards and demonstrating a clear pathway towards sustainability. The emissions data and reduction targets are sourced from Arch Capital Group Ltd., with no cascaded data from parent organizations.
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
Arch Capital's Scope 3 emissions, which increased by 2% last year and increased by approximately 798% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 60% of Scope 3 emissions.
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.
Arch Capital 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.
