AXIS Insurance Company Sustainability Profile
AXIS Insurance Company, a prominent player in the global insurance landscape, is headquartered in the United States. Founded in 2001, AXIS has established itself as a leader in specialty insurance and reinsurance, with a strong presence in key operational regions across North America, Europe, and Asia. The company offers a diverse range of core products and services, including property, casualty, and professional liability insurance, distinguished by their tailored solutions and innovative risk management strategies. AXIS Insurance is recognised for its commitment to customer service and its ability to adapt to the evolving needs of the market. With a solid market position, AXIS has achieved notable milestones, including consistent growth and a reputation for financial strength, making it a trusted partner for businesses seeking comprehensive insurance solutions.
DitchCarbon Score
How does AXIS Insurance Company'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 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.
Industry Benchmark
AXIS Insurance Company's score of 37 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AXIS Insurance Company, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of AXIS Capital Holdings Limited, which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from AXIS Insurance Company, it is important to note that the broader corporate family may have initiatives in place. However, details regarding these initiatives, such as Science-Based Targets Initiative (SBTi) commitments or other sustainability frameworks, are not available at this time. As a part of the insurance industry, AXIS Insurance Company is positioned within a sector increasingly focused on climate resilience and sustainability. The lack of specific emissions data highlights an opportunity for the company to enhance its transparency and commitment to climate action in the future.
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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 |
How Carbon Intensive is AXIS Insurance Company's Industry?
How Carbon Intensive is AXIS Insurance Company's Location?
AXIS Insurance Company's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 63% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 94% of Scope 3 emissions.
Top Scope 3 Categories
AXIS Insurance Company'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.
AXIS Insurance Company 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.
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