Lloyds Of London
Lloyd's of London, often simply referred to as Lloyd's, is a renowned insurance and reinsurance market headquartered in London, GB. Established in 1688, it has evolved into a global leader in specialty insurance, serving clients across various sectors, including marine, aviation, and property. Lloyd's operates through a unique marketplace model, where syndicates of underwriters come together to share risks and provide tailored coverage. This collaborative approach, combined with a rich history of innovation, has positioned Lloyd's as a trusted name in the industry. With a commitment to excellence, Lloyd's has achieved notable milestones, including its pivotal role in developing insurance solutions for emerging risks. Today, it remains a cornerstone of the global insurance landscape, recognised for its expertise and resilience in the face of challenges.
DitchCarbon Score
How does Lloyds Of London'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
Lloyds Of London's score of 66 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lloyds Of London's reported carbon emissions
In 2024, Lloyd's of London reported total carbon emissions of approximately 4,278,000 kg CO2e in Great Britain, with emissions broken down into Scope 1 at about 1,263,000 kg CO2e, Scope 2 at approximately 2,472,000 kg CO2e, and Scope 3 at around 3,015,000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, including all three scopes. Lloyd's has set ambitious climate commitments, aiming for a net zero operational carbon footprint by 2025. This target includes a significant focus on reducing emissions across all scopes, with specific reduction targets of 29.4% for both Scope 1 and Scope 2 emissions by 2025, based on a 1.5 degrees Celsius scenario. Additionally, they aim for a 20% reduction in energy consumption across their portfolio by the end of 2025. The organisation's climate strategy is underpinned by various initiatives, including support for employees to achieve a 10% reduction in commuting emissions by 2025. Lloyd's commitment to sustainability is further evidenced by their ongoing efforts to enhance energy performance ratings at their London offices, targeting a rating of C by 2027 and B by 2030. Overall, Lloyd's of London is actively working towards substantial emissions reductions and has established a clear roadmap to achieve its climate goals, demonstrating leadership in the insurance sector's response to climate change.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,344,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 35,908,000 | - | - | - | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 11,166,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 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.
Lloyds Of London 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.
