Navigators Insurance Company Sustainability Profile
Navigators Insurance Company, often referred to simply as Navigators, is a prominent player in the insurance industry, headquartered in the United States. Established in 1974, the company has built a strong reputation for providing specialised insurance solutions across various sectors, including marine, construction, and professional liability. With a focus on delivering tailored coverage, Navigators offers unique products such as marine cargo insurance and environmental liability policies, setting them apart in a competitive market. The company has achieved significant milestones, including expansion into key operational regions across North America and Europe, solidifying its position as a trusted insurer. Recognised for its commitment to customer service and innovative risk management solutions, Navigators Insurance Company continues to uphold its legacy of excellence in the insurance landscape.
DitchCarbon Score
How does Navigators 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
Navigators Insurance Company's score of 53 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Navigators Insurance Company's reported carbon emissions
In 2024, Navigators Insurance Company reported total carbon emissions of approximately 1,737,000 kg CO2e, comprising Scope 1 emissions of about 509,000 kg CO2e, Scope 2 emissions of approximately 126,000 kg CO2e, and significant Scope 3 emissions totalling around 1,102,000 kg CO2e. The Scope 3 emissions breakdown includes approximately 856,000 kg CO2e from purchased goods and services and about 102,000 kg CO2e from the processing of sold products. Navigators Insurance Company has set ambitious climate commitments, aiming to reduce Scope 1 and 2 greenhouse gas emissions by 63% by 2035, compared to 2020 levels. Additionally, they target an 86% reduction in direct EU ETS CO2 emissions from industrial complexes by 2035, relative to 2018 levels. For Scope 3 emissions, the company aims for a 37.5% reduction by 2035, compared to 2020. It is important to note that emissions data for Navigators Insurance Company is cascaded from its parent organisation, The Hartford Insurance Group, Inc., reflecting a corporate family relationship. This data informs their overall climate strategy and reduction initiatives.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 592,428 | 000,000 | 000,000 |
| Scope 2 | - | 000,000 | 000,000 |
| Scope 3 | 582,598 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Navigators Insurance Company's Industry?
How Carbon Intensive is Navigators Insurance Company's Location?
Navigators Insurance Company's Scope 3 Categories Breakdown
Navigators Insurance Company's Scope 3 emissions, which decreased by 1% last year and increased by approximately 138% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 69% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 62% of Scope 3 emissions.
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Navigators 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.
Navigators 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.
