Lancashire Holdings Limited, commonly referred to as Lancashire, is a prominent player in the global insurance and reinsurance industry, headquartered in London, GB. Founded in 2005, the company has established a strong presence in key operational regions, including the United States, Bermuda, and the UK. Specialising in property, marine, and energy insurance, Lancashire is known for its unique approach to underwriting, focusing on high-quality risks and providing tailored solutions. The company has achieved notable milestones, including a successful IPO and consistent profitability, positioning itself as a leader in the market. With a commitment to innovation and customer service, Lancashire Holdings continues to set itself apart in a competitive landscape, delivering exceptional value to its clients.
How does Lancashire Holdings'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.
Lancashire Holdings's score of 35 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lancashire Holdings reported total carbon emissions of approximately 2,642,800 kg CO2e, with Scope 1 emissions at about 101,600 kg CO2e and Scope 2 emissions at approximately 280,600 kg CO2e. The majority of their emissions stem from Scope 3, which accounted for around 2,260,000 kg CO2e, primarily from business travel (about 2,006,400 kg CO2e) and employee commuting (approximately 166,900 kg CO2e). In 2022, the company also reported total emissions of about 2,407,700 kg CO2e, with Scope 1 emissions at approximately 154,100 kg CO2e and Scope 2 emissions at around 280,600 kg CO2e. Scope 3 emissions for that year were significant, reaching about 2,260,600 kg CO2e. Lancashire Holdings has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor and report its emissions, reflecting a commitment to transparency in its climate impact.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 67,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 228,800 | 000,000 | 000,000 | 000,000 |
Scope 3 | 118,200 | 0,000,000 | 0,000,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lancashire Holdings is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.