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Insurance Services
BM
updated 3 days ago

Gard P. & I. (Bermuda) Ltd.

Company website

Gard P. & I. (Bermuda) Ltd., commonly referred to as Gard, is a leading provider of marine insurance and risk management solutions, headquartered in Bermuda (BM). Established in 1907, the company has built a strong reputation in the maritime industry, serving clients across major operational regions including Europe, Asia, and the Americas. Specialising in protection and indemnity (P&I) insurance, Gard offers a unique blend of comprehensive coverage and expert claims handling, setting it apart from competitors. With a commitment to innovation and customer service, Gard has achieved significant milestones, including the expansion of its services to cater to the evolving needs of the shipping industry. Recognised for its financial strength and stability, Gard P. & I. (Bermuda) Ltd. continues to maintain a prominent market position, making it a trusted partner for shipowners and operators worldwide.

DitchCarbon Score

How does Gard P. & I. (Bermuda) Ltd.'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.

20

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.

28

Industry Benchmark

Gard P. & I. (Bermuda) Ltd.'s score of 20 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

17%

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Gard P. & I. (Bermuda) Ltd.'s reported carbon emissions

In 2020, Gard P. & I. (Bermuda) Ltd. reported total carbon emissions of approximately 569,000 kg CO2e, comprising 20,000 kg CO2e from Scope 1, 134,000 kg CO2e from Scope 2, and 415,000 kg CO2e from Scope 3 emissions. This represents a significant reduction from 2019, where total emissions were about 2,080,000 kg CO2e, with Scope 1 emissions at 36,000 kg CO2e, Scope 2 at 155,000 kg CO2e, and Scope 3 at 2,043,000 kg CO2e. Despite these reductions, Gard P. & I. (Bermuda) Ltd. has not set specific science-based targets or formal climate pledges. The company has not disclosed any reduction initiatives or commitments to the Science Based Targets initiative (SBTi) or other climate frameworks. The emissions data is not cascaded from a parent company, indicating that these figures are independently reported by Gard P. & I. (Bermuda) Ltd. Overall, while the company has made strides in reducing its carbon footprint, further commitments and targets would enhance its climate strategy and accountability.

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20192020
Scope 1
36,000
00,000
Scope 2
155,000
000,000
Scope 3
2,043,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Gard P. & I. (Bermuda) Ltd.'s primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Gard P. & I. (Bermuda) Ltd. is in BM, which we do not have grid emissions data for.

Reduction initiatives & disclosure networks

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 P. & I. (Bermuda) Ltd. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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