Fidelis Insurance Holdings Limited Sustainability Profile
Fidelis Insurance Holdings Limited, often referred to simply as Fidelis, is a prominent player in the global insurance and reinsurance industry. Headquartered in Bermuda (BM), the company has established a significant presence in key operational regions, including the United States and Europe. Founded in 2015, Fidelis has quickly made a name for itself by offering innovative insurance solutions across various sectors, including property, casualty, and specialty lines. Fidelis is distinguished by its unique approach to underwriting and risk management, leveraging advanced technology and data analytics to deliver tailored products. The company has achieved notable milestones, including rapid growth in its market position and recognition for its robust capital base. With a commitment to excellence and a focus on client needs, Fidelis Insurance Holdings Limited continues to redefine the standards of the insurance landscape.
DitchCarbon Score
How does Fidelis Insurance Holdings Limited'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
Fidelis Insurance Holdings Limited's score of 25 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fidelis Insurance Holdings Limited's reported carbon emissions
In 2022, Fidelis Insurance Holdings Limited, headquartered in Bermuda (BM), reported a carbon intensity of approximately 0.044 kg CO2e per USD of revenue, reflecting their commitment to managing emissions associated with their underwriting portfolio. This figure represents the combined Scope 1 and Scope 2 emissions, although specific absolute emissions data for these scopes has not been disclosed. Fidelis has set ambitious long-term climate commitments, aiming for net-zero emissions by 2050. This target encompasses both Scope 1 and Scope 2 emissions, with initiatives commencing in 2023 to reduce the carbon footprint of their underwriting portfolio. The company is focused on integrating sustainability into its operations, aligning with industry standards for climate action. In 2021, the carbon intensity was slightly lower at approximately 0.0438 kg CO2e per USD of revenue, indicating a commitment to continuous improvement in their environmental performance. However, no specific Scope 3 emissions data has been reported. Fidelis Insurance Holdings Limited's climate strategy reflects a proactive approach to sustainability, with a clear roadmap towards achieving net-zero emissions, thereby contributing to broader industry efforts in combating climate change.
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Fidelis Insurance Holdings Limited'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.
Fidelis Insurance Holdings Limited 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.
