Beazley
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 30 is lower than 51% 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 2022, Beazley reported total carbon emissions of approximately 5,158,650 kg CO2e, with emissions distributed across various scopes: 65,200 kg CO2e (Scope 1), 1,027,790 kg CO2e (Scope 2, market-based), and 4,073,960 kg CO2e (Scope 3). Notably, the majority of their emissions stemmed from business travel, accounting for about 3,774,550 kg CO2e within Scope 3. For the UK specifically, Beazley’s emissions in 2022 included 135,280 kg CO2e from Scope 2 and 2,407,490 kg CO2e from Scope 3, with business travel contributing significantly at 2,199,430 kg CO2e. Despite the detailed emissions reporting, Beazley has not set specific reduction targets or initiatives, as indicated by the absence of SBTi reduction targets or documented climate pledges. The company’s emissions data is not cascaded from a parent organization, ensuring that the figures reflect Beazley’s direct operations. Overall, Beazley is committed to transparency in its emissions reporting, although it currently lacks defined reduction strategies to mitigate its carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 21,080 | 00,000 | 0,000 | 00,000 |
| Scope 2 | 2,010,840 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 6,735,910 | 0,000,000 | 000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 participating in any of the initiatives that 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.
