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.
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.
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.
Fidelis Insurance Holdings Limited's score of 25 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Fidelis Insurance Holdings Limited reported a carbon intensity of approximately 0.044 kg CO2e per USD of revenue, reflecting their commitment to managing emissions within their underwriting portfolio. This data is part of their ongoing efforts to address climate change, although specific absolute emissions figures for Scope 1, 2, and 3 are not 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. These commitments are crucial as the insurance industry increasingly focuses on sustainability and climate resilience. The company has not inherited emissions data from a parent organization, indicating that their climate strategy is independently developed. As they progress towards their net-zero goal, Fidelis Insurance Holdings Limited is positioning itself as a responsible player in the insurance sector, aligning with global climate action initiatives.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Fidelis Insurance Holdings Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.