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Public Profile
Insurance Services
BM
updated 6 months ago

Platinum Underwriters Holdings, Ltd.

Company website

Platinum Underwriters Holdings, Ltd., commonly referred to as Platinum Underwriters, is a prominent player in the reinsurance industry, headquartered in Bermuda (BM). Founded in 2002, the company has established itself as a leader in providing innovative reinsurance solutions across various sectors, including property, casualty, and specialty lines. With a strong operational presence in key markets worldwide, Platinum Underwriters is recognised for its commitment to delivering tailored products and exceptional service. The company’s core offerings include property catastrophe reinsurance and casualty reinsurance, distinguished by their flexibility and responsiveness to client needs. Notable achievements include a robust financial standing and a reputation for reliability, positioning Platinum Underwriters as a trusted partner in the global reinsurance landscape.

DitchCarbon Score

How does Platinum Underwriters Holdings, Ltd.'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.

22

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.

27

Industry Benchmark

Platinum Underwriters Holdings, Ltd.'s score of 22 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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Platinum Underwriters Holdings, Ltd.'s reported carbon emissions

Inherited from RenaissanceRe Holdings Ltd.

Platinum Underwriters Holdings, Ltd., headquartered in Bermuda (BM), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is part of a corporate family that includes RenaissanceRe Holdings Ltd., from which it inherits emissions data and climate performance metrics. As of now, there are no documented reduction targets or climate pledges directly associated with Platinum Underwriters Holdings, Ltd. However, it is important to note that the company's climate commitments and initiatives may be influenced by the broader sustainability strategies of RenaissanceRe Holdings Ltd., which operates at a cascade level of 1 in this context. In summary, while Platinum Underwriters Holdings, Ltd. does not provide specific emissions data or reduction targets, its climate commitments may align with those of its parent company, RenaissanceRe Holdings Ltd. Further details on emissions and climate strategies would require additional information from the parent organization.

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2019
Scope 1
-
Scope 2
1,267,000
Scope 3
9,465,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Platinum Underwriters Holdings, Ltd.'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. This request for Platinum Underwriters Holdings, Ltd. is 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.

Platinum Underwriters Holdings, Ltd. is not participating in any of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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