Gard, officially known as Gard P&I (Bermuda) Ltd., is a leading provider of marine insurance and risk management solutions, headquartered in Norway. Established in 1907, the company has grown to become a prominent player in the marine insurance industry, with significant operations across Europe, Asia, and the Americas. Specialising in protection and indemnity (P&I) insurance, Gard offers a range of services that include marine liability, loss prevention, and claims handling. What sets Gard apart is its commitment to innovation and customer service, ensuring tailored solutions for its diverse clientele. With a strong market position, Gard has achieved notable milestones, including a robust membership base and a reputation for financial stability. The company continues to lead the way in marine insurance, adapting to the evolving needs of the maritime sector.
How does Gard'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 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.
Gard's score of 30 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Gard reported a total of approximately 36,000 kg CO2e in Scope 1 emissions, with no recorded emissions in Scope 2 or Scope 3. This marks a significant reduction from previous years, where emissions were considerably higher. In 2021, Gard's emissions were about 218,300 kg CO2e, comprising approximately 163,400 kg CO2e in Scope 1, 19,900 kg CO2e in Scope 2, and 36,000 kg CO2e in Scope 3. The year 2020 saw emissions of about 714,000 kg CO2e, with 414,600 kg CO2e in Scope 1, 145,000 kg CO2e in Scope 2, and 163,400 kg CO2e in Scope 3. In 2019, total emissions reached approximately 2,300,700 kg CO2e, with 799,700 kg CO2e in Scope 1, 117,000 kg CO2e in Scope 2, and 2,043,000 kg CO2e in Scope 3. Despite these reductions, Gard has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company’s significant decrease in emissions over the years reflects a proactive approach to climate responsibility, aligning with industry standards for emissions management.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 799,700 | 000,000 | 000,000 | 00,000 |
Scope 2 | 117,000 | 000,000 | 00,000 | - |
Scope 3 | 2,043,000 | 000,000 | 00,000 | - |
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.
Gard is not committed to any reduction initiatives 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.