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Public Profile
Insurance Services
US
updated 13 days ago

Markel

Company website

Markel Corporation, commonly referred to as Markel, is a prominent player in the insurance and financial services industry, headquartered in the United States. Founded in 1930, the company has established a strong presence across various operational regions, including North America, Europe, and Asia. Markel is renowned for its diverse range of specialty insurance products, including property and casualty insurance, as well as reinsurance and investment services. What sets Markel apart is its commitment to underwriting excellence and a unique approach to risk management, which has earned it a solid reputation in the market. With a history marked by significant milestones, Markel has consistently demonstrated resilience and innovation, positioning itself as a leader in the specialty insurance sector. Its notable achievements reflect a dedication to providing tailored solutions that meet the evolving needs of its clients.

DitchCarbon Score

How does Markel'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.

25

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.

29

Industry Benchmark

Markel's score of 25 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

38%

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Markel's reported carbon emissions

Markel, headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year, nor does it report specific reduction targets or initiatives. The absence of emissions data suggests that Markel may be in the early stages of developing its climate strategy or reporting framework. While no specific figures are provided, Markel Group Inc. is involved in various sustainability initiatives, although details on these efforts are not disclosed. The company does not appear to have cascaded emissions data from a parent organization, indicating that its climate commitments and performance metrics are independently managed. In the context of the insurance and financial services industry, companies are increasingly recognising the importance of addressing climate change and its associated risks. Markel's future commitments and strategies will be crucial in aligning with industry standards and expectations for transparency in carbon emissions and sustainability practices.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Markel's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Markel is in US, which has a low grid carbon intensity relative to other regions.

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.

Markel 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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