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 29 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lloyds Of London's reported carbon emissions
In 2023, Lloyds of London reported total carbon emissions of approximately 4,236,000 kg CO2e globally, with 1,572,000 kg CO2e from Scope 1, 3,117,000 kg CO2e from Scope 2, and 2,241,000 kg CO2e from Scope 3 emissions. In the UK, their emissions for the same year were about 3,285,000 kg CO2e, comprising 1,568,000 kg CO2e from Scope 1, 2,715,000 kg CO2e from Scope 2, and 1,717,000 kg CO2e from Scope 3. Over the years, Lloyds has shown a trend of decreasing emissions from a peak of approximately 58,218,000 kg CO2e in 2014. Notably, their emissions have significantly reduced from 56,442,000 kg CO2e in 2015 to 5,559,000 kg CO2e in 2016, and further down to 3,104,000 kg CO2e in 2021. Despite these reductions, there are currently no specified reduction targets or climate pledges documented in their initiatives. Lloyds of London continues to engage in climate commitments, but specific targets for emissions reduction have not been disclosed.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,344,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 35,908,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 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 | 00,000,000 | 0,000,000 | 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 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.
