Beazley Sustainability Profile
Beazley plc, a leading specialist insurer, is headquartered in London, GB, and operates across key regions including North America, Europe, and Asia. Founded in 1986, Beazley has established itself in the insurance industry with a focus on providing innovative solutions in areas such as cyber liability, professional indemnity, and marine insurance. Renowned for its unique approach to underwriting, Beazley combines deep industry expertise with a commitment to customer service, ensuring tailored coverage for diverse client needs. The company has achieved notable market recognition, consistently ranking among the top players in the Lloyd's of London market. With a strong emphasis on risk management and a proactive stance on emerging threats, Beazley continues to set benchmarks in the insurance sector.
DitchCarbon Score
How does Beazley'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
Beazley's score of 61 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Beazley's reported carbon emissions
In 2024, Beazley reported total carbon emissions of approximately 12,237,310 kg CO2e. This figure includes 7,540 kg CO2e from Scope 1 emissions, 609,220 kg CO2e from Scope 2 emissions (market-based), and 11,620,550 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions were significantly driven by business travel, which accounted for about 5,627,420 kg CO2e. Comparatively, in 2023, Beazley's total emissions were approximately 12,745,830 kg CO2e, with Scope 1 emissions at 2,130 kg CO2e, Scope 2 emissions (market-based) at 618,670 kg CO2e, and Scope 3 emissions at 12,125,030 kg CO2e. This indicates a reduction in total emissions from 2023 to 2024. Beazley has not set specific reduction targets under the Science Based Targets initiative (SBTi) nor has it committed to any climate pledges. The company’s emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely reflective of Beazley’s own operations. Overall, Beazley is actively monitoring its carbon footprint, with a focus on reducing emissions, particularly in the areas of business travel and energy consumption.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 34,170 | 00,000 | 00,000 | 0,000 | 00,000 | 0,000 | 0,000 |
| Scope 2 | 1,047,310 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 12,124,740 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Beazley's Industry?
How Carbon Intensive is Beazley's Location?
Beazley's Scope 3 Categories Breakdown
Beazley's Scope 3 emissions, which decreased by 4% last year and decreased by approximately 4% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 48% of Scope 3 emissions.
Top Scope 3 Categories
Beazley'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.
Beazley 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.
