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.
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.
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.
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.
In 2023, Enstar reported total carbon emissions of approximately 14,308,240 kg CO2e. This figure includes 6,360 kg CO2e from Scope 1 emissions, 561,900 kg CO2e from Scope 2 emissions (market-based), and a significant 13,806,150 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions encompass various categories, with purchased goods and services contributing about 11,285,830 kg CO2e, and business travel accounting for approximately 1,649,230 kg CO2e. Comparatively, in 2022, Enstar's total emissions were about 11,913,180 kg CO2e, indicating an increase in emissions year-on-year. The breakdown for 2022 included 8,850 kg CO2e from Scope 1, 2,300,000 kg CO2e from Scope 2 (market-based), and 11,407,410 kg CO2e from Scope 3. Despite the increase in total emissions, Enstar has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to disclose emissions across all three scopes, demonstrating transparency in its climate impact reporting.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.