Conduit Holdings
Conduit Holdings Ltd, commonly referred to as Conduit, is a prominent player in the global reinsurance industry, headquartered in Bermuda (BM). Founded in 2020, the company has quickly established itself as a key provider of innovative reinsurance solutions, focusing on property and casualty lines. With a commitment to delivering tailored products and exceptional service, Conduit stands out through its use of advanced analytics and a client-centric approach. Operating primarily in Bermuda and expanding into key markets across North America and Europe, Conduit Holdings has achieved significant milestones in a short span, including a successful IPO. The company’s unique offerings, such as bespoke reinsurance contracts and a robust underwriting framework, position it favourably within the competitive landscape, making it a trusted partner for clients seeking reliable risk management solutions.
DitchCarbon Score
How does Conduit Holdings'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
Conduit Holdings's score of 28 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Conduit Holdings's reported carbon emissions
In 2024, Conduit Holdings reported total carbon emissions of approximately 152,400 kg CO2e from Scope 2 and 403,900 kg CO2e from Scope 3 emissions. This follows a trend of increasing emissions over the previous years, with 2023 emissions recorded at about 129,200 kg CO2e for Scope 2 and 227,500 kg CO2e for Scope 3. In 2022, the company reported total emissions of approximately 289,000 kg CO2e, with Scope 2 emissions at 132,600 kg CO2e and Scope 3 emissions reaching 223,000 kg CO2e. Conduit Holdings has not disclosed specific reduction targets or initiatives, indicating a lack of formal commitments to reduce emissions at this time. The company operates within a global context where many organisations are increasingly focusing on sustainability and carbon neutrality, yet it appears that Conduit has not yet established measurable reduction goals or climate pledges. Overall, while Conduit Holdings is actively reporting its emissions, the absence of defined reduction strategies suggests an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | - |
| Scope 2 | 35,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 116,000 | 000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Conduit Holdings is not committed to any 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.
