Beazley, a prominent player in the insurance and pension funding services sector, is headquartered in the United Kingdom. Established in 1986, the company has built a strong reputation for its innovative approach to risk management and insurance solutions. With a focus on specialty insurance, Beazley offers a diverse range of products, including professional liability, cyber insurance, and healthcare coverage, setting itself apart through tailored services and expert underwriting.
Operating across key regions such as North America and Europe, Beazley has achieved notable milestones, including recognition for its commitment to customer service and industry leadership. The company’s unique blend of expertise and responsiveness has solidified its market position, making it a trusted partner for businesses seeking comprehensive insurance solutions.
+12 vs industry average
Beazley’s score of 51 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2029
Reported emissions
Scope 3 accounts for ••• of total emissions.
Beazley's reported carbon emissions
Beazley, a UK-based company in the insurance and pension funding services sector, reported its carbon emissions for several years, primarily focusing on Scope 1, Scope 2, and Scope 3 emissions.
For the reporting year 2024, Beazley's total greenhouse gas (GHG) emissions were approximately 18.4 million kg CO2e. This total comprised about 7.5 thousand kg CO2e for Scope 1 emissions and approximately 609.2 thousand kg CO2e for Scope 2 emissions (market-based). Scope 3 emissions were significantly higher, totalling around 11.6 million kg CO2e, with business travel accounting for the largest portion at approximately 5.6 million kg CO2e.
In 2023, Beazley's total GHG emissions were roughly 12.7 million kg CO2e. Scope 1 emissions were about 2.1 thousand kg CO2e, and Scope 2 emissions (market-based) were approximately 618.7 thousand kg CO2e. Scope 3 emissions for 2023 stood at around 12.1 million kg CO2e, with business travel contributing approximately 5.9 million kg CO2e.
For 2021, total emissions were approximately 6.6 million kg CO2e. Scope 1 emissions were around 8.2 thousand kg CO2e, and Scope 2 emissions (location-based) were about 1.2 million kg CO2e. Scope 3 emissions for 2021 were approximately 863.9 thousand kg CO2e, with business travel being the largest contributor at about 587.8 thousand kg CO2e.
In 2020, total emissions were approximately 3.3 million kg CO2e. Scope 1 emissions were around 16.5 thousand kg CO2e, Scope 2 (location-based) were approximately 1.4 million kg CO2e, and Scope 3 emissions were about 1.6 million kg CO2e. Business travel was the primary driver of Scope 3 emissions at approximately 1.5 million kg CO2e.
Beazley's climate commitments, as indicated by the absence of specific reduction targets and pledges in the provided data, are currently focused on reporting and disclosure rather than externally validated reduction pathways such as those from the Science Based Targets initiative (SBTi). The company has noted missing data points for "scope_3/purchased_goods_and_services" across its reporting years, highlighting areas for potential future data collection and emissions reduction efforts.
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Beazley’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Beazley yet.
Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Beazley
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