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.
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.
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.
Lloyds Of London's score of 38 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 emissions and 3,117,000 kg CO2e from Scope 2 emissions. The Scope 3 emissions accounted for about 2,241,000 kg CO2e, primarily from business travel and fuel-related activities. In the UK, emissions were reported at around 3,285,000 kg CO2e, with similar Scope 1 and 2 contributions. Lloyds has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they are actively monitoring and reporting their emissions across all scopes, indicating a commitment to transparency in their environmental impact. The company continues to engage in industry discussions on climate action, aligning with broader sustainability goals within the insurance sector.
Access structured emissions data, company-specific emission factors, and source documents
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 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
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.