Public Profile

Partner Re

PartnerRe Ltd., headquartered in Bermuda (BM), is a leading global reinsurer that has established a strong presence in the insurance and reinsurance industry since its founding in 1993. With operational regions spanning North America, Europe, and Asia, PartnerRe offers a diverse range of reinsurance solutions across property, casualty, and specialty lines. The company is renowned for its innovative approach to risk management and its commitment to providing tailored solutions that meet the unique needs of its clients. PartnerRe's core services include property and casualty reinsurance, life and health reinsurance, and capital markets solutions, all designed to enhance the financial stability of its partners. Recognised for its robust financial strength and strategic partnerships, PartnerRe has achieved significant milestones, positioning itself as a trusted leader in the reinsurance market. Its dedication to excellence and client-centric philosophy continues to drive its success in an ever-evolving industry.

DitchCarbon Score

How does Partner Re'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.

27

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.

2

Industry Benchmark

Partner Re's score of 27 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

Partner Re's reported carbon emissions

In 2023, Partner Re reported total carbon emissions of approximately 2,343,000 kg CO2e, comprising 325,000 kg CO2e from Scope 2 and 2,343,000 kg CO2e from Scope 3 emissions. This marks an increase in Scope 2 emissions from 288,000 kg CO2e in 2022 and a significant rise in Scope 3 emissions from 1,482,000 kg CO2e in the same year. Notably, Scope 1 emissions remain at zero across all reported years. Despite the increase in emissions, Partner Re has not disclosed any specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of formal climate commitments or reduction strategies suggests a need for enhanced focus on sustainability practices within the organisation. As the industry increasingly prioritises climate action, Partner Re's future commitments will be crucial in aligning with global climate goals.

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202120222023
Scope 1
-
-
-
Scope 2
279,000
000,000
000,000
Scope 3
175,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Partner Re'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. Partner Re is headquartered in BM, which we do not have grid emissions data for.

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.

Partner Re is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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