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Insurance Services
US
updated 7 months ago

Markel Insurance Company

Company website

Markel Insurance Company, often referred to simply as Markel, is a prominent player in the insurance industry, headquartered in the United States. Founded in 1930, the company has established itself as a leader in specialty insurance, providing tailored solutions across various sectors, including healthcare, construction, and professional liability. With a strong presence in major operational regions across North America and beyond, Markel is renowned for its unique approach to underwriting and risk management. The company offers a diverse range of core products and services, including property and casualty insurance, which are designed to meet the specific needs of its clients. Markel's commitment to innovation and customer service has earned it a solid market position, making it a trusted choice for businesses seeking comprehensive insurance solutions. Its notable achievements reflect a dedication to excellence and a deep understanding of the complexities within the insurance landscape.

DitchCarbon Score

How does Markel Insurance Company'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.

32

Industry Benchmark

Markel Insurance Company's score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

43%

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Markel Insurance Company's reported carbon emissions

Markel Insurance Company, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Markel Group Inc., which may influence its climate-related initiatives and reporting. While there are no documented reduction targets or commitments from Markel Insurance Company itself, it is important to note that emissions data and climate strategies may be inherited from its parent organisation, Markel Group Inc. This cascading of data suggests that Markel Insurance Company aligns with broader corporate sustainability efforts, although specific details on these initiatives are not provided. In the context of the insurance industry, companies are increasingly recognising the importance of addressing climate change and reducing carbon footprints. Markel Insurance Company may be participating in these industry-wide trends, but without specific data or commitments, the extent of their efforts remains unclear.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Markel Insurance Company'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 Insurance Company 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 Insurance Company 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?

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