Beazley

Beazley, a UK-based insurance and pension funding services company, reported Scope 1, 2, and 3 emissions for 2024. In 2024, the company's Scope 1 emissions were approximately 7,540 kg CO2e. Market-based Scope 2 emissions for the same year were about 609,220 kg CO2e, while location-based Scope 2 emissions were approximately 812,780 kg CO2e. Beazley's Scope 3 emissions in 2024 totalled about 11,620,550 kg CO2e, which included approximately 5,627,420 kg CO2e from business travel, 61,940 kg CO2e from employee commuting, and 37,410 kg CO2e from fuel and energy-related activities.

For 2023, Beazley's Scope 1 emissions were approximately 2,130 kg CO2e. Market-based Scope 2 emissions were around 618,670 kg CO2e, and location-based Scope 2 emissions were about 829,720 kg CO2e. Scope 3 emissions in 2023 were approximately 12,125,030 kg CO2e, with business travel accounting for about 5,870,830 kg CO2e, employee commuting for 58,090 kg CO2e, and fuel and energy-related activities for 38,530 kg CO2e.

In 2021, Beazley's Scope 1 emissions were approximately 8,230 kg CO2e. Location-based Scope 2 emissions were about 1,236,090 kg CO2e. Scope 3 emissions for 2021 were approximately 863,940 kg CO2e, including about 587,820 kg CO2e from business travel, 19,150 kg CO2e from employee commuting, and 58,680 kg CO2e from fuel and energy-related activities.

Looking further back, in 2020, Beazley's Scope 1 emissions were approximately 16,500 kg CO2e, and location-based Scope 2 emissions were about 1,425,880 kg CO2e. Scope 3 emissions for 2020 totalled approximately 1,636,960 kg CO2e, with business travel at about 1,540,500 kg CO2e, employee commuting at 19,110 kg CO2e, and fuel and energy-related activities at 77,350 kg CO2e.

For 2019, Beazley reported Scope 1 emissions of approximately 21,080 kg CO2e and location-based Scope 2 emissions of about 1,672,530 kg CO2e. Scope 3 emissions were approximately 6,725,810 kg CO2e, including about 6,553,540 kg CO2e from business travel, 73,920 kg CO2e from employee commuting, and 93,840 kg CO2e from fuel and energy-related activities.

In 2018, the company's Scope 1 emissions were approximately 34,170 kg CO2e, and Scope 2 emissions were about 1,047,310 kg CO2e. Scope 3 emissions for 2018 were approximately 12,124,740 kg CO2e.

Beazley also has future commitments: for 2026, their Scope 1 and 2 emissions are projected to be approximately 753,000 kg CO2e. In 2022, the company's Scope 1 and 2 emissions were approximately 1,012,000 kg CO2e. Beazley has not yet disclosed specific emissions reduction targets or commitments through initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge.