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 46 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Beazley reported total carbon emissions of approximately 6,169,720 kg CO2e, comprising 2,130 kg CO2e from Scope 1, 829,720 kg CO2e from Scope 2, and 6,166,960 kg CO2e from Scope 3 emissions. This reflects a significant reliance on indirect emissions, particularly from purchased goods and services. Over the years, Beazley has shown a trend of emissions management, with a notable reduction in Scope 1 and 2 emissions from 2019, where Scope 1 was 21,080 kg CO2e and Scope 2 was 1,672,530 kg CO2e. However, there are no specific reduction targets or initiatives disclosed in their climate commitments, indicating a potential area for improvement in their sustainability strategy. Beazley operates within the insurance industry, which is increasingly focusing on climate-related risks and sustainability. The company’s emissions data highlights the importance of addressing Scope 3 emissions, which constitute the majority of their carbon footprint. As they continue to evolve their climate strategy, setting clear reduction targets could enhance their commitment to sustainability and align with industry best practices.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 39,470 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 0,000 | 00,000 | 0,000 |
Scope 2 | 898,540 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
Scope 3 | 7,357,110 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 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.
Beazley 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.