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 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Conduit Holdings's reported carbon emissions
In 2024, Conduit Holdings reported significant carbon emissions, with Scope 2 emissions amounting to approximately 135,200 kg CO2e (market-based) and 152,400 kg CO2e (location-based). Additionally, Scope 3 emissions were notably high, reaching about 403,900 kg CO2e from business travel and 21,600 kg CO2e from employee commuting. In 2023, the company recorded Scope 2 emissions of around 122,900 kg CO2e (market-based) and 129,200 kg CO2e (location-based), alongside Scope 3 emissions of approximately 227,500 kg CO2e for business travel and 17,700 kg CO2e for employee commuting. For 2022, total emissions were reported at about 289,000 kg CO2e, with Scope 2 emissions of 126,000 kg CO2e (market-based) and 132,600 kg CO2e (location-based), while Scope 3 emissions totalled approximately 223,000 kg CO2e. In 2021, Conduit Holdings disclosed total emissions of about 155,000 kg CO2e, with Scope 2 emissions at 35,000 kg CO2e (market-based) and 39,000 kg CO2e (location-based), and Scope 3 emissions reaching approximately 116,000 kg CO2e. Despite these figures, Conduit Holdings has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The company continues to monitor and report its emissions, reflecting an awareness of its environmental impact.
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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 participating in any of the initiatives that 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.
