Markel Insurance Company Sustainability Profile
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.
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 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.
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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.
How Carbon Intensive is Markel Insurance Company's Industry?
How Carbon Intensive is Markel Insurance Company's Location?
Markel Insurance Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Markel Insurance Company has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
