Ark Insurance Holdings Limited Sustainability Profile
Ark Insurance Holdings Limited, commonly referred to as Ark Insurance, is a prominent player in the insurance industry, headquartered in Bermuda (BM). Founded in 2010, the company has rapidly established itself as a leader in providing innovative insurance solutions across various operational regions, including North America and Europe. Specialising in property and casualty insurance, Ark Insurance is recognised for its unique approach to risk management and underwriting. The firm offers a diverse range of products, including specialty insurance and reinsurance services, tailored to meet the evolving needs of its clients. With a commitment to excellence, Ark Insurance has achieved significant milestones, positioning itself as a trusted partner in the insurance market. Its dedication to customer service and industry expertise has garnered notable achievements, solidifying its reputation as a forward-thinking insurance provider.
DitchCarbon Score
How does Ark Insurance Holdings Limited'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 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
Ark Insurance Holdings Limited's score of 2 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ark Insurance Holdings Limited's reported carbon emissions
Ark Insurance Holdings Limited, headquartered in BM, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of White Mountains Insurance Group, Ltd., which may influence its climate-related initiatives and reporting. Despite the lack of direct emissions data, Ark Insurance Holdings Limited is part of a corporate family that may have broader climate commitments. However, no specific reduction targets or climate pledges have been documented for Ark Insurance Holdings Limited itself. The absence of data suggests that the company may still be in the early stages of developing its climate strategy or reporting framework. As a subsidiary, Ark Insurance Holdings Limited may align its climate commitments with those of its parent organization, White Mountains Insurance Group, Ltd., which could include participation in initiatives such as the Carbon Disclosure Project (CDP) at a cascade level of 2. This relationship may provide a pathway for future emissions reporting and climate action commitments. In summary, while Ark Insurance Holdings Limited currently lacks specific emissions data and reduction targets, its affiliation with White Mountains Insurance Group, Ltd. may offer potential for future climate initiatives and reporting.
How Carbon Intensive is Ark Insurance Holdings Limited's Industry?
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Ark Insurance Holdings Limited's Climate Goals (2030 & 2050)
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.
Ark Insurance Holdings Limited 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.
