Convex Re Limited
Convex Re Limited, often referred to simply as Convex, is a prominent player in the reinsurance industry, headquartered in Bermuda (BM). Founded in 2020, the company has quickly established itself as a leader in providing innovative reinsurance solutions across various sectors, including property, casualty, and specialty lines. With a focus on delivering tailored products and services, Convex stands out for its commitment to client-centric approaches and advanced risk management strategies. The firm has rapidly gained recognition for its robust underwriting capabilities and strong financial backing, positioning itself as a trusted partner in the global reinsurance market. As Convex continues to expand its operational footprint, it remains dedicated to leveraging cutting-edge technology and data analytics to enhance its offerings, ensuring it meets the evolving needs of its clients.
DitchCarbon Score
How does Convex Re Limited'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 Coal Tar Production 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
Convex Re Limited's score of 15 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Convex Re Limited, headquartered in BM, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Convex Group Limited, which may influence its climate commitments and reporting practices. As of now, Convex Re Limited has not established any documented reduction targets or initiatives, nor does it participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). This lack of publicly available data suggests that the company may still be in the early stages of developing its climate strategy. Given the absence of specific emissions data and reduction commitments, it is essential for Convex Re Limited to enhance its transparency and set measurable targets to align with industry standards for climate action. This would not only improve its environmental impact but also strengthen its reputation in the increasingly eco-conscious market.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 35,000 | 00,000 |
| Scope 2 | 74,000 | 000,000 |
| Scope 3 | 857,000 | 0,000,000 |
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.
Convex Re Limited 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.
