Charles Taylor

Charles Taylor, a GB-headquartered company in the Insurance and pension funding services industry, reported Scope 1 emissions of 312,500 kg CO2e and Scope 2 emissions (market-based) of 29,000 kg CO2e in 2024. For 2023, the company's total emissions were approximately 13.19 million kg CO2e, comprising Scope 1 emissions of 282,000 kg CO2e, Scope 2 (location-based) emissions of 943,000 kg CO2e, and Scope 3 emissions of approximately 12.92 million kg CO2e.

Charles Taylor has set ambitious climate commitments via the Science Based Targets initiative (SBTi) for Charles Taylor Limited. These include a commitment to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-term targets include reducing absolute Scope 1 GHG emissions by 63% by 2034 from a 2019 base year. Concurrently, Charles Taylor Limited aims to reduce absolute Scope 2 GHG emissions by 97.7% within the same timeframe and increase active annual sourcing of renewable electricity from 26.9% in 2019 to 100% by 2030. Furthermore, the company commits to reduce absolute Scope 3 GHG emissions by 58.8% by 2034 from a 2023 base year. Long-term targets include a 90% reduction in absolute Scope 1 and 2 emissions by 2050 from a 2019 base year, and a 90% reduction in absolute Scope 3 GHG emissions by 2050 from a 2023 base year.