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 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 36 is higher than 88% 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 2023, Conduit Holdings reported total carbon emissions of approximately 1,438,600 kg CO2e. This figure includes 129,200 kg CO2e from Scope 2 emissions and a significant 1,951,215,000 kg CO2e from Scope 3 emissions, which encompasses areas such as purchased goods and services and business travel. In 2022, the company recorded total emissions of about 1,095,800 kg CO2e, with Scope 2 emissions at 132,600 kg CO2e and Scope 3 emissions reaching approximately 1,545,335,000 kg CO2e. The trend shows a notable increase in emissions, particularly in Scope 3, which is critical for understanding the broader impact of their operations. For 2021, Conduit Holdings' total emissions were around 155,000 kg CO2e, with Scope 2 emissions at 130,000 kg CO2e and Scope 3 emissions at 86,000 kg CO2e. The company has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. Overall, while Conduit Holdings has made strides in tracking and reporting emissions across all scopes, the absence of defined reduction targets suggests a need for enhanced climate action strategies to mitigate their carbon footprint effectively.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | - |
| Scope 2 | 39,000 | 00,000 | 000,000 | 000,000 |
| Scope 3 | 102,000 | 00,000 | 0,000,000,000 | 0,000,000,000 |
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.
