Markel
Markel Corporation, commonly referred to as Markel, is a leading global insurance provider headquartered in Great Britain. Founded in 1930, the company has established a strong presence in various operational regions, including North America and Europe. Specialising in specialty insurance, reinsurance, and investment operations, Markel is renowned for its innovative approach to risk management. The company offers a diverse range of products and services, including liability, property, and professional indemnity insurance, tailored to meet the unique needs of its clients. Markel's commitment to underwriting excellence and customer service has positioned it as a trusted partner in the insurance industry. With a robust market position and a history of notable achievements, Markel continues to set benchmarks in the specialty insurance sector.
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.
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
Markel's score of 23 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Markel's reported carbon emissions
Markel, headquartered in Great Britain, currently does not have publicly available carbon emissions data for the most recent year. As a result, specific figures regarding their Scope 1, 2, or 3 emissions are not provided. However, the company is committed to addressing climate change through various initiatives, although no specific reduction targets or climate pledges have been disclosed. This lack of detailed information suggests that Markel may still be in the early stages of formalising its climate commitments or reporting practices. In the broader context of the insurance industry, many companies are increasingly focusing on sustainability and carbon reduction strategies, indicating a growing recognition of the importance of climate action. Markel's future commitments and initiatives will be crucial in aligning with industry standards and expectations for environmental responsibility.
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.
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.
