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.
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.
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.
Beazley's score of 61 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Beazley reported total carbon emissions of approximately 6,723,150 kg CO2e globally, with 7,540 kg CO2e from Scope 1, 812,780 kg CO2e from Scope 2, and 11,620,550 kg CO2e from Scope 3 emissions. The Scope 2 emissions included 12,030 kg CO2e based on a market-based approach in Great Britain. Beazley has not set specific reduction targets through the Science Based Targets initiative (SBTi) or other formal climate pledges. However, they are actively engaged in sustainability practices and have disclosed their emissions data through the Carbon Disclosure Project (CDP). The company’s emissions data is not cascaded from a parent organization, indicating that their reported figures are independently sourced. Beazley continues to monitor and report its carbon footprint, reflecting its commitment to transparency in climate-related disclosures.
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
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 97% of Scope 3 emissions.
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.
