Hamilton Insurance Group Sustainability Profile
Hamilton Insurance Group, headquartered in Bermuda (BM), is a prominent player in the insurance and reinsurance industry. Founded in 2013, the company has rapidly established itself as a leader in providing innovative risk solutions across various operational regions, including North America and Europe. Specialising in property and casualty insurance, Hamilton Insurance Group offers unique products that cater to the evolving needs of its clients. The firm is recognised for its data-driven approach and commitment to underwriting excellence, setting it apart in a competitive market. With a focus on sustainable growth and strategic partnerships, Hamilton Insurance Group has achieved significant milestones, reinforcing its position as a trusted provider in the insurance landscape.
DitchCarbon Score
How does Hamilton Insurance Group'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
Hamilton Insurance Group's score of 28 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hamilton Insurance Group's reported carbon emissions
In 2023, Hamilton Insurance Group reported total carbon emissions of approximately 298,000 kg CO2e, all of which fall under Scope 2 emissions, indicating indirect emissions from purchased electricity. Notably, the company has achieved zero Scope 1 emissions, reflecting a commitment to reducing direct emissions from its operations. Hamilton Insurance Group has set ambitious near-term targets to further enhance its climate commitments. The organisation aims to reduce its Scope 1 emissions to near zero by 2025, alongside a similar target for Scope 2 emissions, also aiming for near-zero levels by the same year. These initiatives demonstrate a proactive approach to achieving net-zero emissions in the near future. The emissions data is sourced directly from Hamilton Insurance Group, with no cascaded data from parent or related organisations. The company is actively working towards its climate goals, aligning with industry standards for sustainability and emissions reduction.
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| 2023 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 298,000 |
| Scope 3 | - |
How Carbon Intensive is Hamilton Insurance Group's Industry?
How Carbon Intensive is Hamilton Insurance Group's Location?
Hamilton Insurance Group'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.
Hamilton Insurance Group 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.
