Enstar Group Limited, commonly referred to as Enstar, is a prominent player in the insurance and pension funding services sector, excluding compulsory social security services. Headquartered in Bermuda, Enstar operates across various regions, including North America, Europe, and Australia. Founded in 2001, the company has achieved significant milestones, including strategic acquisitions that have bolstered its market presence.
Enstar specialises in providing innovative solutions in run-off insurance, reinsurance, and capital management, setting itself apart with its unique approach to legacy liabilities. The firm is recognised for its strong financial stability and has garnered a reputation for excellence in the industry, making it a trusted partner for clients seeking effective risk management solutions. With a commitment to delivering value, Enstar continues to solidify its position as a leader in the global insurance landscape.
-9 vs industry average
Enstar’s score of 28 is lower than 39% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Enstar's reported carbon emissions
Enstar, headquartered in Bermuda and operating in the Insurance and pension funding services sector, has reported its carbon emissions. For the year 2023, Enstar's total global greenhouse gas emissions were approximately 14,308,240 kg CO2e. This figure comprises Scope 1 emissions of about 6,360 kg CO2e, Scope 2 emissions (market-based) of approximately 561,900 kg CO2e, and Scope 3 emissions totalling around 13,806,150 kg CO2e. Key contributors to their Scope 3 emissions include purchased goods and services (approximately 11,285,830 kg CO2e) and business travel (about 1,649,230 kg CO2e).
In 2022, Enstar reported total global emissions of approximately 11,913,180 kg CO2e. This included Scope 1 emissions of about 8,850 kg CO2e, Scope 2 (market-based) emissions of approximately 558,050 kg CO2e, and Scope 3 emissions totalling around 11,407,410 kg CO2e. The dominant Scope 3 category in 2022 was also purchased goods and services, at approximately 9,656,760 kg CO2e.
For the reporting year 2022 (which appears to be the data for 2021 in the provided JSON), Enstar disclosed Scope 1 and Scope 2 emissions. Scope 1 emissions were approximately 7,970 kg CO2e, and Scope 2 (market-based) emissions were about 822,570 kg CO2e. Total Scope 1 and 2 emissions for this period were approximately 830,540 kg CO2e. Scope 3 data was not disclosed for this specific reporting year.
Enstar has not publicly disclosed specific greenhouse gas reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). Further details on their climate initiatives can be found in their TCFD and ESG reports.
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Enstar’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Enstar yet.
Scope 3 top emissions categories
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Emissions comparison with industry peers
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