Conduit Holdings Sustainability Profile
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 lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Conduit Holdings's reported carbon emissions
In 2024, Conduit Holdings reported total carbon emissions of approximately 605,600 kg CO2e, comprising 152,400 kg CO2e from Scope 2 emissions and 453,200 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from business travel, accounting for about 403,900 kg CO2e, and employee commuting, which contributed approximately 21,600 kg CO2e. In 2023, the company recorded total emissions of about 497,300 kg CO2e, with Scope 2 emissions at 129,200 kg CO2e and Scope 3 emissions at 368,100 kg CO2e, where business travel was responsible for approximately 227,500 kg CO2e and employee commuting for about 17,700 kg CO2e. The emissions data for 2022 indicated a total of around 450,400 kg CO2e, with Scope 2 emissions at 132,600 kg CO2e and Scope 3 emissions at 368,100 kg CO2e, primarily from business travel (188,400 kg CO2e) and employee commuting (17,800 kg CO2e). Conduit Holdings has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The company does not inherit emissions data from a parent organisation, and all reported figures are derived directly from Conduit Holdings Limited. Overall, Conduit Holdings is actively monitoring its carbon footprint, particularly in Scope 2 and Scope 3 emissions, but has yet to establish formal reduction targets or initiatives.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
How Carbon Intensive is Conduit Holdings's Industry?
How Carbon Intensive is Conduit Holdings's Location?
Conduit Holdings's Scope 3 Categories Breakdown
Conduit Holdings's Scope 3 emissions, which increased by 23% last year and increased by approximately 291% since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" being the largest emissions source at 89% of Scope 3 emissions.
Top Scope 3 Categories
Conduit Holdings's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Conduit Holdings has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
