Arch Reinsurance Ltd., a prominent player in the global reinsurance industry, is headquartered in Bermuda (BM) and operates extensively across North America, Europe, and Asia. Founded in 2001, the company has established itself as a leader in providing innovative reinsurance solutions, focusing on property, casualty, and specialty lines. With a commitment to delivering tailored products and services, Arch Reinsurance stands out for its robust underwriting expertise and advanced risk management capabilities. The firm has achieved significant milestones, including rapid growth and a strong market presence, which underscore its reputation for reliability and excellence. As a key provider in the reinsurance sector, Arch Reinsurance Ltd. continues to adapt to the evolving needs of its clients, ensuring comprehensive coverage and support in an increasingly complex landscape.
How does Arch Reinsurance Ltd.'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 Reinsurance Ltd.'s score of 49 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Arch Reinsurance Ltd., headquartered in Bermuda (BM), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Arch Capital Group Ltd., which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from Arch Reinsurance Ltd., it is important to note that emissions data and climate initiatives may be inherited from its parent company, Arch Capital Group Ltd. This relationship suggests that Arch Reinsurance Ltd. may align its climate strategies with those of Arch Capital Group Ltd., which is actively engaged in sustainability efforts. As of now, Arch Reinsurance Ltd. has not disclosed any specific initiatives or targets related to the Science Based Targets initiative (SBTi) or other industry-standard climate frameworks. The lack of emissions data and reduction commitments highlights a potential area for growth in their environmental strategy, particularly in the context of increasing industry focus on climate accountability and sustainability.
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 Reinsurance Ltd.'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 Reinsurance Ltd. 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.