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 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Arch Capital reported total carbon emissions of approximately 88,128,000 kg CO2e. This includes 2,252,000 kg CO2e from Scope 1 emissions, 6,198,000 kg CO2e from Scope 2 emissions, and a significant 79,678,000 kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of about 84,809,000 kg CO2e, with Scope 1 at 1,443,000 kg CO2e, Scope 2 at 5,414,000 kg CO2e, and Scope 3 at 77,952,000 kg CO2e. Arch Capital has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2020 as the base year. Additionally, the company is committed to achieving near-zero emissions for Scope 1 and Scope 2 by the middle of this decade (2025) and plans to reach net-zero operations by 2030 through the purchase of carbon removal offsets for any remaining emissions in these scopes. These initiatives reflect Arch Capital's proactive approach to addressing climate change and reducing its carbon footprint, aligning with industry standards for sustainability and emissions reduction.
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 |
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.