Libertytown Re S.A. Sustainability Profile
Libertytown Re S.A., commonly referred to as Libertytown, is a prominent player in the insurance and reinsurance industry, headquartered in Luxembourg (LU). Established in 2010, the company has rapidly expanded its operational footprint across Europe and North America, solidifying its reputation as a trusted provider of innovative risk management solutions. Specialising in property and casualty reinsurance, Libertytown Re S.A. distinguishes itself through its tailored products and exceptional client service. The firm has achieved significant milestones, including strategic partnerships and a robust portfolio that caters to diverse market needs. With a commitment to excellence, Libertytown has positioned itself as a leader in the reinsurance sector, recognised for its reliability and expertise in navigating complex risk landscapes.
DitchCarbon Score
How does Libertytown Re S.A.'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 Coal Tar Production 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
Libertytown Re S.A.'s score of 70 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Libertytown Re S.A., headquartered in Luxembourg (LU), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Applus Services, S.A., and any climate commitments or emissions data may be inherited from this parent organization. Libertytown Re S.A. does not have documented reduction targets or specific climate pledges at this time. However, it is important to note that the company may align its climate initiatives with those of Applus Services, S.A., which has established various sustainability frameworks and targets. These initiatives may include commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which are aimed at reducing greenhouse gas emissions and enhancing transparency in climate-related performance. As a subsidiary, Libertytown Re S.A. may benefit from the sustainability strategies and performance metrics set forth by Applus Services, S.A., which could influence its future climate commitments and emissions reporting.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 61,910,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 14,864,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Libertytown Re S.A.'s Industry?
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Libertytown Re S.A.'s Scope 3 Categories Breakdown
Libertytown Re S.A.'s Scope 3 emissions, which decreased by 1% last year and decreased by approximately 8% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 49% of Scope 3 emissions.
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Libertytown Re S.A.'s Climate Goals (2030 & 2050)
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.
Libertytown Re S.A. 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.
