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Everest, officially known as Everest Re Group, Ltd., is a prominent player in the insurance and pension funding services sector, specifically focusing on non-compulsory social security services (66). Headquartered in Bermuda (BM), the company operates extensively across North America and Europe, providing a diverse range of insurance solutions.
Founded in 1995, Everest has achieved significant milestones, including its listing on the New York Stock Exchange. The company is renowned for its unique offerings in reinsurance and insurance, particularly in specialty lines, which set it apart in a competitive market. With a strong emphasis on innovation and risk management, Everest has established itself as a trusted partner for clients seeking comprehensive coverage and financial security. Its commitment to excellence has solidified its position as a leader in the industry, recognised for its robust financial strength and customer-centric approach.
0 vs industry average
Everest’s score of 39 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Insurance Services is among the least carbon-intensive industries
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Everest, headquartered in BM, operates within the Insurance and pension funding services sector. In 2023, Everest reported total market-based Scope 2 emissions of approximately 2.186 million kg CO2e, primarily from purchased electricity, and Scope 3 emissions of approximately 84.067 million kg CO2e. Key contributors to Scope 3 emissions included purchased goods and services (approximately 66.438 million kg CO2e), business travel (approximately 9.022 million kg CO2e), and employee commuting (approximately 6.301 million kg CO2e).
In 2022, Everest's market-based Scope 2 emissions were approximately 2.167 million kg CO2e, with Scope 3 emissions totalling approximately 43.668 million kg CO2e. Major Scope 3 categories included purchased goods and services (approximately 33.355 million kg CO2e), employee commuting (approximately 5.665 million kg CO2e), and business travel (approximately 2.486 million kg CO2e). For 2021, market-based Scope 2 emissions were approximately 1.668 million kg CO2e, and Scope 3 business travel emissions were approximately 2.190 million kg CO2e. Everest has disclosed Scope 2 and Scope 3 emissions data, and does not report Scope 1 emissions.
No climate goals have been disclosed for Everest yet.
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