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Insurance Services
NZ
updated 3 months ago

Hallmark General Insurance Co. Ltd. (New Zealand Branch) Sustainability Profile

Company website

Hallmark General Insurance Co. Ltd. (New Zealand Branch) is a prominent player in the insurance industry, headquartered in New Zealand. Established in 1998, the company has steadily expanded its operations across major regions, providing comprehensive insurance solutions tailored to the needs of individuals and businesses alike. Specialising in general insurance, Hallmark offers a range of core products, including property, liability, and motor insurance. What sets Hallmark apart is its commitment to customer-centric service and innovative policy options that cater to diverse client requirements. With a strong market position, Hallmark General Insurance has garnered recognition for its reliability and responsiveness, making it a trusted choice for New Zealanders seeking quality insurance coverage. The company continues to uphold its reputation for excellence while adapting to the evolving needs of the insurance landscape.

DitchCarbon Score

How does Hallmark General Insurance Co. Ltd. (New Zealand Branch)'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.

26

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.

33

Industry Benchmark

Hallmark General Insurance Co. Ltd. (New Zealand Branch)'s score of 26 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

46%

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Hallmark General Insurance Co. Ltd. (New Zealand Branch)'s reported carbon emissions

Hallmark General Insurance Co. Ltd. (New Zealand Branch) currently does not have specific carbon emissions data available, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Lloyds Banking Group plc, which means that any relevant emissions data or climate commitments may be inherited from this parent company. As part of its corporate family relationship, Hallmark General Insurance Co. Ltd. may align with the climate initiatives and targets set by Lloyds Banking Group plc. However, specific reduction targets or achievements for Hallmark General Insurance Co. Ltd. are not detailed in the available information. The company does not appear to have established its own Science-Based Targets Initiative (SBTi) reduction targets or documented climate pledges. In summary, while Hallmark General Insurance Co. Ltd. (New Zealand Branch) is part of a larger corporate structure that may have climate commitments, it currently lacks specific emissions data and defined reduction initiatives at its own level.

How Carbon Intensive is Hallmark General Insurance Co. Ltd. (New Zealand Branch)'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hallmark General Insurance Co. Ltd. (New Zealand Branch)'s primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Hallmark General Insurance Co. Ltd. (New Zealand Branch)'s Location?

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 Hallmark General Insurance Co. Ltd. (New Zealand Branch) is in NZ, which has a very low grid carbon intensity relative to other regions.

Hallmark General Insurance Co. Ltd. (New Zealand Branch)'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.

Hallmark General Insurance Co. Ltd. (New Zealand Branch) 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.

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

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