Liberty Specialty Markets
Liberty Specialty Markets, a prominent player in the global insurance and reinsurance industry, is headquartered in Great Britain. Established in 2001, the company has rapidly expanded its operations across key regions, including Europe, North America, and Asia-Pacific. Specialising in a diverse range of products and services, Liberty Specialty Markets offers tailored solutions in property, casualty, and specialty insurance, setting itself apart with a customer-centric approach and innovative risk management strategies. With a strong market position, the company has achieved notable milestones, including significant growth in its underwriting capabilities and a reputation for excellence in claims handling. Liberty Specialty Markets continues to be a trusted partner for businesses seeking comprehensive coverage and expert guidance in an ever-evolving risk landscape.
DitchCarbon Score
How does Liberty Specialty Markets'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.
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.
Industry Benchmark
Liberty Specialty Markets's score of 39 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Liberty Specialty Markets's reported carbon emissions
In 2023, Liberty Specialty Markets reported total carbon emissions of approximately 7,404,000 kg CO2e. This figure includes 251,000 kg CO2e from Scope 1 emissions, 31,000 kg CO2e from market-based Scope 2 emissions, and a significant 7,122,000 kg CO2e from Scope 3 emissions, which primarily stem from business travel (6,545,000 kg CO2e) and employee commuting (575,000 kg CO2e). The company has not disclosed specific reduction targets or initiatives as part of its climate commitments. However, it is essential to note that Liberty Specialty Markets is actively engaged in monitoring and reporting its emissions across all relevant scopes, demonstrating a commitment to transparency in its climate impact. The absence of defined reduction targets suggests that the company may still be in the process of developing a comprehensive strategy to address its carbon footprint. Overall, Liberty Specialty Markets' emissions data highlights the significant impact of Scope 3 emissions, particularly from business travel, indicating potential areas for future reduction efforts.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 29,699,000 | 00,000,000 | 000,000 |
| Scope 2 | 44,760,000 | 00,000,000 | 00,000 |
| Scope 3 | 8,638,000 | 00,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Liberty Specialty Markets 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.
