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OrganisationsConduit Holdings
Conduit Holdings logo

Conduit Holdings

Insurance ServicesBermudaLSE: CRE.L
Last verified 4 months agoconduitreinsurance.com

Conduit Holdings, a prominent player in the insurance and pension funding services sector, is headquartered in Bermuda (BM). Established in 2020, the company has quickly made a name for itself by focusing on innovative insurance solutions that cater to a diverse clientele. With a strong emphasis on specialty insurance and reinsurance, Conduit Holdings distinguishes itself through its commitment to underwriting excellence and risk management.

Operating primarily in Bermuda and expanding its reach globally, Conduit Holdings has achieved significant milestones in a short span, including the successful launch of its reinsurance platform. The company’s core offerings include property, casualty, and specialty lines, all designed to meet the evolving needs of its customers. With a robust market position, Conduit Holdings is recognised for its strategic approach and dedication to delivering tailored insurance solutions.

42
DitchCarbon score

+5 vs industry average

Conduit Holdings’s score of 42 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Insurance Services is among the least carbon-intensive industries

Industry performance

0.029
20192025

The Insurance Services industry has reduced its overall emissions by 7% since 2019

Emissions trajectory 2020 – 2028

0.0M0.0M000.0K000.0K0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Conduit Holdings's reported carbon emissions

Conduit Holdings, headquartered in "BM" and operating within the "Insurance and pension funding services, except compulsory social security services (66)" industry, has reported its carbon emissions for several years.

For 2025, Conduit Holdings reported Scope 2 emissions of approximately 154,240 kg CO2e and Scope 3 emissions of about 647,340 kg CO2e. The total Scope 1 and 2 emissions for 2025 were approximately 647,340 kg CO2e.

In 2024, the company's Scope 2 emissions were approximately 152,400 kg CO2e (location-based) and 135,200 kg CO2e (market-based). Scope 3 emissions for 2024 were around 588,400 kg CO2e. Total Scope 1 and 2 emissions in 2024 were approximately 605,600 kg CO2e (location-based) and 588,400 kg CO2e (market-based).

For 2023, Scope 2 emissions were approximately 129,200 kg CO2e (location-based) and 122,900 kg CO2e (market-based). Scope 3 emissions for the same year totalled about 368,100 kg CO2e, with business travel accounting for 227,500 kg CO2e and employee commute for 17,700 kg CO2e. Conduit Holdings has disclosed Scope 2 and Scope 3 emissions for this year, noting that data for purchased goods and services within Scope 3 is missing.

In 2022, Scope 2 emissions were approximately 132,600 kg CO2e (location-based) and 126,000 kg CO2e (market-based). Scope 3 emissions for business travel were about 188,400 kg CO2e, and employee commute was around 17,800 kg CO2e. Similar to 2023, purchased goods and services within Scope 3 were a missing data point.

For 2021, Scope 2 emissions (market-based) were approximately 35,000 kg CO2e, and (location-based) were 39,000 kg CO2e. Scope 3 emissions totalled about 116,000 kg CO2e, with business travel at 86,000 kg CO2e and employee commute at 12,000 kg CO2e. Total Scope 1 and 2 emissions for 2021 were approximately 155,000 kg CO2e (market-based) and 159,000 kg CO2e (location-based).

Conduit Holdings has reported Scope 1 emissions of 0.0 kg CO2e for both 2021 and 2020. In 2020, Scope 2 emissions were approximately 10,000 kg CO2e, and Scope 3 emissions were around 20,000 kg CO2e.

The company's climate commitments are documented, with reduction targets and initiatives detailed in their Climatewise reports. There are no specific SBTi reduction targets or a Climate Pledge commitment currently disclosed for Conduit Holdings. The provided data indicates that Conduit Holdings does not cascade its emissions data from a parent organisation, and its performance data originates from "Conduit Holdings Limited".

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Conduit Holdings’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Conduit Holdings yet.

Scope 3 top emissions categories

2 of 15 categories disclosed
Purchased Goods & Services431%
Business Travel72%
Purchased Goods & Services431%
Business Travel72%

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Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Conduit Holdings logoConduit Holdings
BMInsurance Services
4 months ago
42
Hiscox logoHiscox
USInsurance Services
1 day ago
74
View
Direct Line logoDirect Line
GBFinancial Intermediation
4 days ago
71
View
Sompo logoSompo
BMFinancial Intermediation
1 month ago
58
View
Admiral logoAdmiral
GBInsurance Services
3 days ago
56
View
Beazley logoBeazley
GBInsurance Services
17 days ago
50
View
Aspen Insurance Group logoAspen Insurance Group
BMFinancial Intermediation
16 hours ago
43
View

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