Brit Insurance Sustainability Profile
Brit Insurance, officially known as Brit Limited, is a leading global specialty insurer headquartered in London, GB. Established in 1995, the company has made significant strides in the insurance industry, focusing on providing innovative solutions across various sectors, including property, casualty, and marine insurance. With a strong presence in key operational regions such as North America and Europe, Brit Insurance is renowned for its unique approach to risk management and underwriting. The firm offers a diverse range of core products and services, distinguished by their tailored coverage and commitment to customer service. Recognised for its robust market position, Brit Insurance has achieved notable milestones, including consistent growth and a reputation for excellence in claims handling. As a trusted partner in the insurance landscape, Brit continues to set industry standards while adapting to the evolving needs of its clients.
DitchCarbon Score
How does Brit Insurance'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
Brit Insurance's score of 59 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Brit Insurance's reported carbon emissions
In 2024, Brit Insurance reported total carbon emissions of approximately 4,000,000 kg CO2e, comprising 139,000 kg CO2e from Scope 1 (stationary combustion), 199,000 kg CO2e from Scope 2 (purchased electricity), and about 3,670,000 kg CO2e from Scope 3 (business travel). This reflects a significant increase in Scope 3 emissions compared to 2023, where total emissions were about 2,517,000 kg CO2e for business travel alone. In 2023, the company’s emissions in the UK were approximately 196,000 kg CO2e for Scope 1, 222,000 kg CO2e for Scope 2, and around 2,517,000 kg CO2e for Scope 3. The emissions data for 2023 also indicates a carbon emissions per employee figure of about 3,200 kg CO2e, highlighting the impact of business travel on overall emissions. Brit Insurance's emissions data is cascaded from its parent company, Brit Insurance Holdings B.V., and is influenced by the broader corporate family relationship with Fairfax Financial Holdings Limited. However, there are currently no specific reduction targets or climate pledges documented, indicating a potential area for future commitment and improvement in their climate strategy. Overall, Brit Insurance's emissions profile underscores the importance of addressing Scope 3 emissions, particularly from business travel, as part of their climate commitments moving forward.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 271,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 409,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | 00,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Brit Insurance's Industry?
How Carbon Intensive is Brit Insurance's Location?
Brit Insurance's Scope 3 Categories Breakdown
Brit Insurance's Scope 3 emissions, which decreased by 33% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Brit Insurance's Climate Goals (2030 & 2050)
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.
Brit Insurance 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.
