Partner Re, officially known as PartnerRe Ltd., is a leading global reinsurer headquartered in Bermuda (BM). Established in 1993, the company has built a strong reputation in the insurance and pension funding services sector, specifically focusing on reinsurance solutions that exclude compulsory social security services.
With a presence in key operational regions across North America, Europe, and Asia, Partner Re offers a diverse range of products, including property, casualty, and specialty reinsurance. Their commitment to innovation and client-centric solutions sets them apart in a competitive market.
Recognised for their financial strength and stability, Partner Re has achieved notable milestones, including consistent ratings from major credit agencies. Their expertise in risk management and tailored reinsurance solutions positions them as a trusted partner for insurers worldwide.
-7 vs industry average
Partner Re’s score of 30 is lower than 42% 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 7% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Partner Re's reported carbon emissions
Partner Re, headquartered in Bermuda (BM) and operating in the insurance and pension funding services sector, is committed to reducing its climate impact. In 2023, the company reported total emissions of approximately 2,668,000 kg CO2e. This figure comprises Scope 2 emissions of about 325,000 kg CO2e and Scope 3 emissions of approximately 2,343,000 kg CO2e. Scope 1 emissions for 2023 were reported as 0 kg CO2e.
For 2022, Partner Re's total emissions were approximately 1,770,000 kg CO2e, with Scope 2 emissions at about 288,000 kg CO2e and Scope 3 emissions at approximately 1,482,000 kg CO2e. Again, Scope 1 emissions were 0 kg CO2e.
In 2021, the company's total emissions were approximately 2,029,000 kg CO2e, consisting of Scope 2 emissions of about 279,000 kg CO2e and Scope 3 emissions of approximately 175,000 kg CO2e. Scope 1 emissions for this year were also 0 kg CO2e.
Partner Re has established near-term reduction targets, aiming to reduce market weight exposure to certain investments to 0% by 2025, with a base year of 2018. This target applies to both Scope 1 and Scope 2 emissions, with the intention of reducing market weight exposure in these areas. It is important to note that the emissions data provided for Partner Re is cascaded from its parent entity, PartnerRe Ltd.
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Partner Re’s Climate Goals (2030 & 2050)
2 goals2025
By 2025, reduce market weight exposure to these investments…
By 2025, reduce market weight exposure to these investments to 0% (base year 2018).
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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