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.
-10 vs industry average
Enstar’s score of 29 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 25% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Enstar's reported carbon emissions
Enstar, a Bermuda-based insurance and pension funding services company, reported its carbon emissions for the years 2023, 2022, and 2021. In 2023, Enstar's total reported emissions were approximately 14,308,240 kg CO2e. This figure encompasses Scope 1 (direct emissions), Scope 2 (indirect emissions from purchased energy), and Scope 3 (other indirect emissions) categories. Specifically, Scope 1 emissions totalled about 6,360 kg CO2e, Scope 2 emissions (market-based) were approximately 561,900 kg CO2e, and Scope 3 emissions accounted for roughly 13,806,150 kg CO2e. Within Scope 3, purchased goods and services were the largest contributor, at about 11,285,830 kg CO2e, followed by business travel at approximately 1,649,230 kg CO2e.
For 2022, Enstar's total emissions were approximately 11,913,180 kg CO2e. Scope 1 emissions were about 8,850 kg CO2e, Scope 2 emissions (market-based) were approximately 558,050 kg CO2e, and Scope 3 emissions were approximately 11,407,410 kg CO2e. In 2022, purchased goods and services within Scope 3 comprised approximately 9,656,760 kg CO2e, and business travel was about 823,200 kg CO2e.
Enstar's climate commitments include reporting on its emissions and disclosing its environmental, social, and governance (ESG) data. While specific quantitative reduction targets are not detailed in the provided information, the company's reporting indicates a commitment to tracking and managing its environmental impact across all scopes. For instance, the company has disclosed upstream categories for its emissions and has identified business travel as a key area for emissions intensity measurement, with reported figures of 2,050 kg CO2e per FTE for business travel in 2023 and 1,040 kg CO2e per FTE in 2022. The company's TCFD and ESG reports serve as key documents for its climate-related disclosures.
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Enstar’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Enstar yet.
Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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