Aspen Insurance Group
Aspen Insurance Group, often referred to simply as Aspen, is a prominent player in the global insurance and reinsurance industry, headquartered in Bermuda (BM). Founded in 2002, the company has established a strong presence in key operational regions, including North America, Europe, and Asia. Aspen offers a diverse range of products and services, specialising in property, casualty, and specialty insurance, which are tailored to meet the unique needs of its clients. With a commitment to innovation and customer service, Aspen has achieved significant milestones, including a robust market position recognised for its financial strength and underwriting expertise. The company’s unique approach to risk management and its focus on delivering bespoke solutions set it apart in a competitive landscape, making Aspen Insurance Group a trusted partner for businesses worldwide.
DitchCarbon Score
How does Aspen Insurance Group'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 Financial Intermediation 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
Aspen Insurance Group's score of 28 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aspen Insurance Group's reported carbon emissions
In 2022, Aspen Insurance Group reported total carbon emissions of approximately 4,001,000 kg CO2e, with a significant portion, about 2,866,000 kg CO2e, attributed to Scope 3 emissions from business travel. The company has achieved notable reductions in its greenhouse gas (GHG) emissions, with a 48% reduction in Scope 1 emissions and a 21% reduction in Scope 2 emissions, both targeted for the near term from 2022 to 2023. Aspen has set ambitious climate commitments, aiming for net-zero GHG emissions for Scope 1 and Scope 2 by 2030, alongside a significant reduction in Scope 3 emissions by the same year. The ultimate goal is to achieve full net-zero emissions by 2045. These targets are cascaded from its parent company, Aspen Insurance Holdings Limited, reflecting a commitment to sustainability across its corporate family. Overall, Aspen Insurance Group is actively working towards reducing its carbon footprint and aligning with industry standards for climate action, demonstrating a proactive approach to environmental responsibility.
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| 2022 | |
|---|---|
| Scope 1 | - |
| Scope 2 | - |
| Scope 3 | 2,866,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Aspen Insurance Group 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.
