James River Group Holdings, Ltd., often referred to as James River, is a prominent player in the insurance and reinsurance industry, headquartered in Bermuda (BM). Founded in 2004, the company has established itself as a leader in specialty insurance, focusing on areas such as excess and surplus lines, workers' compensation, and commercial auto insurance. With a strong operational presence across the United States and Bermuda, James River offers unique products and services tailored to meet the diverse needs of its clients. The company is recognised for its innovative approach to risk management and underwriting, which sets it apart in a competitive market. Notable achievements include a robust financial performance and a commitment to providing exceptional service, solidifying its position as a trusted partner in the insurance landscape.
How does James River Group Holdings, 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.
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.
James River Group Holdings, Ltd.'s score of 25 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
James River Group Holdings, Ltd., headquartered in Bermuda (BM), currently does not report any specific carbon emissions data. However, the company has set ambitious climate commitments aimed at reducing its carbon intensity. By 2030, James River Group aims to achieve a 50% reduction in the weighted average carbon intensity of its corporate bond portfolios, using 2020 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions, reflecting a comprehensive approach to managing its carbon footprint. While no absolute emissions figures are available, the commitment to significantly reduce carbon intensity demonstrates a proactive stance towards climate action. The company’s initiatives align with industry standards and reflect a growing recognition of the importance of sustainability in the insurance sector.
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.
James River Group Holdings, 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.
