Public Profile

Lancashire Holdings

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.

DitchCarbon Score

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.

40

Industry Average

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.

27

Industry Benchmark

Lancashire Holdings's score of 40 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

88%

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Lancashire Holdings's reported carbon emissions

In 2023, Lancashire Holdings reported total carbon emissions of approximately 2,642,800 kg CO2e. This figure includes 101,600 kg CO2e from Scope 1 emissions, which primarily consist of fugitive emissions, and 280,600 kg CO2e from Scope 2 emissions related to purchased electricity. The majority of their emissions, about 2,260,600 kg CO2e, fall under Scope 3, with significant contributions from business travel (2,006,400 kg CO2e) and employee commuting (166,900 kg CO2e). In 2022, the company recorded total emissions of approximately 2,407,700 kg CO2e, with Scope 1 emissions at 154,100 kg CO2e and Scope 2 emissions at 280,600 kg CO2e. Scope 3 emissions for that year were around 2,260,600 kg CO2e, indicating a consistent trend in their carbon footprint. Lancashire Holdings has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon emissions. However, they are actively engaged in climate commitments, as evidenced by their participation in various sustainability reports. The company continues to monitor and report its emissions, reflecting a commitment to transparency in its environmental impact.

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2020202120222023
Scope 1
67,000
000,000
000,000
000,000
Scope 2
253,500
000,000
000,000
000,000
Scope 3
150,700
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lancashire Holdings's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Lancashire Holdings is in GB, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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 participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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