Hamilton Re, Ltd. Sustainability Profile
Hamilton Re, Ltd., headquartered in Bermuda (BM), is a prominent player in the reinsurance industry, specialising in property and casualty solutions. Founded in 2015, the company has quickly established itself as a trusted partner for clients across various operational regions, including North America and Europe. Hamilton Re offers a range of innovative reinsurance products and services, distinguished by their tailored approach and commitment to client needs. The firm’s unique blend of advanced analytics and industry expertise positions it as a leader in the market, enabling it to navigate complex risks effectively. With a focus on delivering exceptional value, Hamilton Re has achieved significant milestones in a short span, reinforcing its reputation for reliability and excellence in the reinsurance sector.
DitchCarbon Score
How does Hamilton Re, 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.
Industry Average
Mean score of companies in the Real Estate 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 Re, Ltd.'s score of 20 is lower than 64% 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 Re, Ltd., headquartered in Bermuda (BM), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Hamilton Insurance Group, Ltd., which may influence its climate commitments and reporting practices. As of now, Hamilton Re has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate initiatives. The lack of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the context of the insurance industry, it is increasingly important for companies like Hamilton Re to adopt robust climate commitments and transparent reporting practices to align with global sustainability goals. The absence of emissions data and reduction targets highlights an opportunity for Hamilton Re to enhance its environmental accountability and contribute to broader climate action efforts.
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| 2023 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 298,000 |
| Scope 3 | - |
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Hamilton Re, Ltd.'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 Re, Ltd. 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.
