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Public Profile
Insurance Services
GB
updated a day ago

Beazley

Company website

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.

42

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.

41

Industry Benchmark

Beazley's score of 42 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

68%

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Beazley's reported carbon emissions

In 2023, Beazley reported total carbon emissions of approximately 6,169,960 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 99.5% of the total. Specifically, Scope 1 emissions were 2,130 kg CO2e, and Scope 2 emissions were 829,720 kg CO2e. The previous year, 2022, saw total emissions of approximately 4,152,400 kg CO2e, indicating a substantial increase in emissions year-on-year. Beazley has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges. However, they are actively engaged in climate-related initiatives and disclose their emissions data through the Carbon Disclosure Project (CDP). The company has not cascaded any emissions data from a parent organization, maintaining its own reporting standards. Overall, Beazley’s emissions profile highlights the importance of addressing Scope 3 emissions, particularly those related to purchased goods and services, which comprised about 91.7% of their total emissions in 2023. The company continues to monitor and report its carbon footprint as part of its commitment to transparency and climate accountability.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20072008200920102011201220132014201520162017201820192020202120222023
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
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Beazley's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Beazley is in GB, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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