Charles Taylor, a prominent name in the insurance and professional services sector, is headquartered in Great Britain. Founded in 1884, the company has established itself as a leader in providing expert claims management, risk management, and insurance services across various regions, including Europe, North America, and Asia-Pacific. With a diverse portfolio that includes marine, aviation, and property insurance, Charles Taylor is renowned for its innovative solutions tailored to meet the unique needs of its clients. The firm’s commitment to excellence has earned it a strong market position, recognised for its expertise and reliability in the industry. Over the years, Charles Taylor has achieved significant milestones, solidifying its reputation as a trusted partner in the insurance landscape.
How does Charles Taylor'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.
Charles Taylor's score of 54 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Charles Taylor reported total carbon emissions of approximately 14.1 million tonnes CO2e, with Scope 1 emissions at about 3,290 tonnes, Scope 2 emissions at around 116,000 tonnes, and Scope 3 emissions reaching approximately 9.2 million tonnes. This marks a significant increase from previous years, where emissions in 2022 were about 6.1 million tonnes CO2e. The company has committed to achieving net-zero emissions by 2050, encompassing all scopes of emissions. This long-term target aligns with their commitment to the Science Based Targets initiative (SBTi), which they joined in August 2022. Charles Taylor's near-term target status is marked as "Committed," indicating their proactive approach to reducing their carbon footprint. In 2022, emissions in the UK were reported at approximately 4.3 million tonnes CO2e, with Scope 1 emissions at 196,000 tonnes, Scope 2 at 164,000 tonnes, and Scope 3 at about 4.1 million tonnes. The company has shown a focus on reducing Scope 3 emissions, which constitute the majority of their total emissions. Overall, Charles Taylor is actively working towards its climate commitments, with a clear roadmap to net-zero emissions by 2050, reflecting its dedication to sustainability within the specialised financial services sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | - | - | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000 |
Scope 2 | 14,400 | 0,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 000,000 |
Scope 3 | - | 00,000 | 0,000,000 | 0,000,000 | 0,000,000 | 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.
Charles Taylor is committed to some reduction initiatives 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.