Beazley

Beazley, a UK-based insurance and pension funding services provider, has reported its carbon emissions across various scopes. For the reporting year 2024, Beazley's total emissions (Scope 1, 2, and 3) were approximately 18.4 million kg CO2e. This includes Scope 1 emissions of about 7,540 kg CO2e and Scope 2 emissions of approximately 609,220 kg CO2e (market-based). Scope 3 emissions for 2024 were substantial, totalling around 11.6 million kg CO2e, with business travel accounting for the largest portion at about 5.6 million kg CO2e.

In the previous year, 2023, Beazley's total emissions were approximately 18.3 million kg CO2e. This comprised about 2,130 kg CO2e for Scope 1 and around 618,670 kg CO2e for Scope 2 (market-based). Scope 3 emissions in 2023 were approximately 12.1 million kg CO2e, with business travel contributing roughly 5.8 million kg CO2e.

Looking further back, for the reporting year 2021, Beazley reported total emissions of approximately 6.6 million kg CO2e. This included Scope 1 emissions of about 8,230 kg CO2e and Scope 2 emissions of around 1.2 million kg CO2e (location-based). Scope 3 emissions for 2021 were approximately 863,940 kg CO2e, with business travel making up about 587,820 kg CO2e.

Beazley's emissions data is not cascaded from a parent organisation. While specific reduction targets and achievements are not detailed in the provided information, the company's reporting indicates a commitment to tracking and disclosing its environmental impact. The insurance and pension funding services sector, like many others, is increasingly focused on understanding and mitigating its carbon footprint.