Convex Insurance, a prominent player in the insurance industry, is headquartered in Great Britain and operates across key regions in Europe and North America. Founded in 2019, the company has quickly established itself as a leader in providing innovative insurance solutions, focusing on specialty lines and complex risks. With a diverse portfolio that includes property, casualty, and marine insurance, Convex Insurance distinguishes itself through its commitment to tailored coverage and exceptional client service. The firm has achieved significant milestones, including rapid growth and recognition for its robust underwriting capabilities. As a forward-thinking insurer, Convex Insurance is dedicated to leveraging technology and data analytics to enhance risk assessment and management, positioning itself as a trusted partner in the evolving insurance landscape.
How does Convex Insurance'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.
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.
Convex Insurance's score of 32 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Convex Insurance reported total carbon emissions of approximately 5,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 4,958,000 kg CO2e, primarily from business travel. Scope 1 emissions were reported at 46,000 kg CO2e, stemming entirely from stationary combustion, while Scope 2 emissions totalled 140,000 kg CO2e based on a market-based approach. Convex Insurance has committed to achieving Net Zero emissions by 2050, with this long-term target encompassing all scopes of emissions. This commitment was established in 2023, reflecting the company's proactive stance on climate action. The organisation's emissions data is not cascaded from any parent company, indicating that these figures are independently reported. Overall, Convex Insurance is taking significant steps towards reducing its carbon footprint and addressing climate change, aligning with industry standards and expectations for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
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Scope 1 | 46,000 |
Scope 2 | 140,000 |
Scope 3 | 4,958,000 |
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.
Convex Insurance 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.