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 lower than 53% 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 total carbon emissions of approximately 135,200 kg CO2e from Scope 2 (market-based) and 403,900 kg CO2e from Scope 3, specifically from business travel. The previous year, 2023, emissions were about 122,900 kg CO2e (Scope 2, market-based) and 227,500 kg CO2e (Scope 3, business travel). The company has not disclosed any Scope 1 emissions data. Conduit Holdings has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The emissions data reflects a growing trend in emissions, particularly in Scope 3 categories, which include significant contributions from business travel and employee commuting. The company operates from its headquarters in Bermuda (BM) and reported revenues of approximately USD 755.3 million in 2024. The emissions data is not cascaded from any parent organization, indicating that Conduit Holdings is independently reporting its carbon footprint.
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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.
