Axis Capital Holdings Limited, commonly known as Axis Capital, is a prominent player in the global insurance and reinsurance industry. Headquartered in the United States, the company operates extensively across key regions, including North America, Europe, and Asia. Founded in 2001, Axis Capital has achieved significant milestones, establishing itself as a trusted provider of innovative risk management solutions. The firm offers a diverse range of products and services, including property, casualty, and specialty insurance, as well as reinsurance solutions. What sets Axis Capital apart is its commitment to delivering tailored coverage and exceptional client service, ensuring that businesses can navigate complex risks effectively. With a strong market position and a reputation for financial strength, Axis Capital continues to be a leader in the industry, recognised for its strategic approach and robust underwriting capabilities.
How does Axis 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 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.
Axis Capital's score of 36 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Axis Capital reported total carbon emissions of approximately 5,130,000 kg CO2e globally, comprising 69,000 kg CO2e from Scope 1, 1,851,000 kg CO2e from Scope 2, and 3,210,000 kg CO2e from Scope 3 emissions. In the UK, emissions totalled about 1,079,000 kg CO2e, with 19,000 kg CO2e from Scope 1, 352,000 kg CO2e from Scope 2, and 708,000 kg CO2e from Scope 3. The company has shown a commitment to addressing climate change, although specific reduction targets or initiatives have not been disclosed. The emissions data indicates a comprehensive approach to tracking and reporting emissions across all relevant scopes, aligning with industry standards for climate accountability.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 270,000 | 000,000 | 000,000 | 000,000 | 00,000 |
Scope 2 | 4,043,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | 0,000,000 | 0,000,000 |
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.
Axis Capital is not committed to any reduction initiatives 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.