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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.
69
DitchCarbon score
+30 vs industry average
Hiscox’s score of 69 is higher than 79% 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
Very Low
Insurance Services is among the least carbon-intensive industries
Industry performance
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Hiscox's reported carbon emissions
Hiscox reported total emissions of approximately 21,915,000 kg CO2e in 2025. This includes Scope 1 emissions of 312,000 kg CO2e, Scope 2 emissions (market-based) of 858,800 kg CO2e, and Scope 3 emissions of 20,744,000 kg CO2e. For 2024, Hiscox's total emissions were about 24,190,900 kg CO2e, with Scope 1 at 549,400 kg CO2e, Scope 2 (market-based) at 1,029,400 kg CO2e, and Scope 3 at 22,612,100 kg CO2e. This shows a decrease in total emissions from 2024 to 2025.
Hiscox is committed to reducing its carbon footprint. The company has a near-term absolute target to reduce its Scope 1 and 2 emissions by 50% by 2030, against a 2020 adjusted baseline. Additionally, the company aims to achieve net-zero for its Scope 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
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
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
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Hiscox2 months ago
69
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