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.
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.
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.
Brit Insurance's score of 47 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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.
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
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.
Brit Insurance 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.