Berkshire Hathaway Insurance Group, a subsidiary of the renowned Berkshire Hathaway Inc., is a leading player in the insurance industry, headquartered in the United States. Established in 1889, the company has evolved significantly, marking key milestones such as its acquisition by Warren Buffett in 1965, which propelled its growth and diversification. Operating primarily in major regions across the US, Berkshire Hathaway Insurance Group offers a comprehensive range of insurance products, including property, casualty, and specialty insurance. What sets them apart is their commitment to financial strength and customer service, backed by the vast resources of their parent company. With a strong market position, they are recognised for their innovative underwriting practices and robust claims handling, making them a trusted choice for individuals and businesses alike.
How does Berkshire Hathaway Insurance Group'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 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.
Berkshire Hathaway Insurance Group's score of 8 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Berkshire Hathaway Insurance Group currently does not have specific carbon emissions data available, as indicated by the absence of reported emissions figures. The organisation is a current subsidiary of Berkshire Hathaway Inc., which may influence its climate commitments and initiatives. While there are no documented reduction targets or climate pledges from Berkshire Hathaway Insurance Group, it is important to note that the parent company, Berkshire Hathaway Inc., may have overarching sustainability strategies that could impact its subsidiaries. However, specific details regarding these initiatives or targets have not been disclosed. As a part of the insurance sector, Berkshire Hathaway Insurance Group operates within an industry increasingly focused on addressing climate change and reducing carbon footprints. The lack of specific emissions data highlights a potential area for improvement in transparency and accountability regarding environmental impact. In summary, while Berkshire Hathaway Insurance Group does not currently report emissions data or specific climate commitments, its affiliation with Berkshire Hathaway Inc. suggests a potential alignment with broader corporate sustainability efforts.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Berkshire Hathaway Insurance Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.