Everest Reinsurance Holdings, Inc. Sustainability Profile
Everest Reinsurance Holdings, Inc., commonly referred to as Everest Re, is a prominent player in the global reinsurance industry, headquartered in the United States. Founded in 1994, the company has established a strong presence across major operational regions, including North America, Europe, and Asia. Specialising in property and casualty reinsurance, Everest Re offers a diverse range of products and services, including excess and surplus lines, specialty insurance, and reinsurance solutions tailored to meet the unique needs of its clients. The company is recognised for its innovative approach and robust underwriting capabilities, which set it apart in a competitive market. With a solid market position, Everest Re has achieved notable milestones, including consistent financial performance and a reputation for reliability. Its commitment to excellence and strategic growth initiatives continue to enhance its standing as a leader in the reinsurance sector.
DitchCarbon Score
How does Everest Reinsurance Holdings, Inc.'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
Everest Reinsurance Holdings, Inc.'s score of 30 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Everest Reinsurance Holdings, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Everest Group, Ltd., which may influence its climate-related initiatives and reporting. While there are no documented reduction targets or climate pledges from Everest Reinsurance Holdings, Inc., it is important to note that emissions data and performance metrics may be inherited from its parent company, Everest Group, Ltd. This cascading of data suggests that any climate commitments or emissions performance would be reflective of the broader corporate strategy employed by Everest Group, Ltd. As of now, Everest Reinsurance Holdings, Inc. has not established specific science-based targets or significant reduction initiatives. The company’s approach to climate commitments remains unclear, and further information may be required to assess its environmental impact and sustainability efforts comprehensively.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 1,668,300 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,189,700 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Everest Reinsurance Holdings, Inc.'s Industry?
How Carbon Intensive is Everest Reinsurance Holdings, Inc.'s Location?
Everest Reinsurance Holdings, Inc.'s Scope 3 Categories Breakdown
Everest Reinsurance Holdings, Inc.'s Scope 3 emissions, which increased by 93% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Purchased Goods and Services" being the largest emissions source at 79% of Scope 3 emissions.
Top Scope 3 Categories
Everest Reinsurance Holdings, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Everest Reinsurance Holdings, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
