Aspen Insurance Group

Aspen Insurance Group's reported carbon emissions

In 2024, Aspen Insurance Group reported total carbon emissions of approximately 24,000,000 kg CO2e. This figure includes Scope 1 emissions of about 359,000 kg CO2e, Scope 2 emissions of approximately 515,000 kg CO2e (market-based), and Scope 3 emissions totalling around 21,822,000 kg CO2e. The Scope 3 emissions breakdown reveals significant contributions from purchased goods and services (about 14,893,000 kg CO2e) and business travel (approximately 5,436,000 kg CO2e). Comparatively, in 2023, Aspen's total emissions were approximately 27,833,000 kg CO2e, with Scope 1 emissions at about 379,000 kg CO2e, Scope 2 emissions of around 301,000 kg CO2e (market-based), and Scope 3 emissions reaching approximately 27,833,000 kg CO2e. This indicates a reduction in total emissions from 2023 to 2024. Aspen Insurance Group does not currently have specific reduction targets or initiatives documented, and their climate commitments are not detailed. The emissions data is cascaded from their parent company, Aspen Insurance Holdings Limited, reflecting their current subsidiary status. Overall, Aspen Insurance Group is actively monitoring its carbon footprint, with a focus on transparency in emissions reporting, although further commitments to reduction targets are not specified at this time.