Hiscox Ltd, a prominent player in the insurance and pension funding services sector, is headquartered in the United States, with significant operations across Europe and Asia. Founded in 1901, Hiscox has established itself as a leader in providing specialist insurance solutions, catering to both individuals and businesses.
The company offers a diverse range of products, including professional indemnity, property, and liability insurance, distinguished by its tailored approach and commitment to customer service. Hiscox is renowned for its expertise in niche markets, which sets it apart from traditional insurers.
With a strong market position, Hiscox has received numerous accolades for its innovative offerings and financial stability, making it a trusted choice for clients seeking comprehensive insurance solutions.
+36 vs industry average
Hiscox’s score of 75 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hiscox's reported carbon emissions
Hiscox, an insurance and pension funding services provider headquartered in the US, reported a total of approximately 21.9 billion kg CO2e for the year 2025. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.
In 2024, Hiscox's total emissions were approximately 24.2 billion kg CO2e. The preceding year, 2023, saw total emissions of about 25.9 billion kg CO2e. Emissions in 2022 amounted to approximately 21.0 billion kg CO2e, followed by 18.7 billion kg CO2e in 2021 and 22.0 billion kg CO2e in 2020. Earlier data from 2018 indicates total emissions of roughly 9.2 billion kg CO2e, with 2017 at approximately 7.8 billion kg CO2e, 2016 at around 7.4 billion kg CO2e, and 2015 at approximately 7.2 billion kg CO2e.
Hiscox has set a near-term target to reduce its Scope 1 and 2 emissions by 50% by 2030, using a 2020 adjusted baseline. This commitment aims to achieve a significant reduction in operational carbon footprint. The company also indicates a commitment to working towards achieving net zero in its own operations (Scopes 1 and 2 emissions) by 2035.
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Hiscox’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Hiscox
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