Palomar Holdings, Inc. is a prominent player in the US insurance and pension funding services sector, specialising in providing tailored solutions outside of compulsory social security. Headquartered in the United States, the company operates across various regions, delivering specialised insurance products and pension funding services to diverse clients. Founded in 2014, Palomar has established a strong market presence through its focus on innovative risk management and customised offerings.
The company’s core services include niche insurance underwriting and pension funding solutions, distinguished by their flexibility and client-centric approach. Palomar’s strategic focus on specialised markets has earned it a notable reputation within the industry, positioning it as a trusted provider of tailored financial services. Its commitment to operational excellence and innovative product development continues to drive its growth and market recognition.
-6 vs industry average
Palomar Holdings’s score of 33 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Palomar Holdings's reported carbon emissions
Palomar Holdings, a US-based insurance and pension funding services provider, reported total carbon emissions of approximately 14.4 billion kg CO2e for 2023. This figure includes Scope 1, Scope 2, and Scope 3 emissions.
In 2023, Palomar Holdings's emissions comprised:
- Scope 1: Approximately 97,000 kg CO2e
- Scope 2: Approximately 52,000 kg CO2e
- Scope 3: Approximately 14.2 billion kg CO2e
For the preceding year, 2022, total carbon emissions were approximately 6.8 billion kg CO2e. This breakdown for 2022 was:
- Scope 1: Approximately 98,110 kg CO2e
- Scope 2: Approximately 143,710 kg CO2e
- Scope 3: Approximately 6.5 billion kg CO2e
Palomar Holdings has not publicly disclosed specific reduction targets or joined any major climate initiatives, such as the Science Based Targets initiative (SBTi) or the Climate Pledge, as of the latest available information. The company's climate commitments and detailed reduction strategies are not specified in the provided data. Data on purchased goods and services within Scope 3 emissions was noted as a missing data point for both reporting years.
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Palomar Holdings’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Palomar Holdings yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Palomar Holdings
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