Enstar
Enstar Group Limited, commonly referred to as Enstar, is a prominent player in the global insurance and reinsurance industry, headquartered in Bermuda (BM). Founded in 2001, Enstar has established itself as a leader in the acquisition and management of insurance and reinsurance companies, with significant operations across North America, Europe, and Australia. The company specialises in providing innovative solutions in run-off management, reinsurance, and insurance-linked securities, setting itself apart with its unique approach to legacy liabilities. Enstar's strategic acquisitions and partnerships have solidified its market position, making it a trusted name in the sector. With a commitment to excellence and a robust portfolio of services, Enstar continues to achieve notable milestones, reinforcing its reputation as a key player in the insurance landscape.
DitchCarbon Score
How does Enstar'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
Enstar's score of 33 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Enstar's reported carbon emissions
In 2023, Enstar reported total carbon emissions of approximately 14,308,240 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 6,360 kg CO2e, while Scope 2 emissions totalled approximately 561,900 kg CO2e (market-based). The majority of their emissions, approximately 13,806,150 kg CO2e, fell under Scope 3, which includes categories such as purchased goods and services, business travel, and employee commuting. In 2022, Enstar's total emissions were about 11,913,180 kg CO2e, with Scope 1 emissions at approximately 8,850 kg CO2e and Scope 2 emissions reaching around 2,300,000 kg CO2e (market-based). The Scope 3 emissions for that year were significant, totalling approximately 11,407,410 kg CO2e. For 2021, Enstar's emissions were reported at approximately 786,340 kg CO2e for Scope 1 and 2 combined, with Scope 1 emissions at about 7,970 kg CO2e and Scope 2 emissions at approximately 822,570 kg CO2e (market-based). Despite these figures, Enstar has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined reduction commitments suggests a need for further clarity on their climate strategy and long-term sustainability goals.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 7,970 | 0,000 | 0,000 |
| Scope 2 | 822,570 | 000,000 | 000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 |
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.
Enstar 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.
