RenaissanceRe Holdings Ltd., commonly known as RenaissanceRe, is a leading global provider of reinsurance and insurance solutions, headquartered in the United States. Founded in 1993, the company has established a strong presence in key operational regions, including Bermuda, the United States, and Europe.
Specialising in property and casualty reinsurance, RenaissanceRe is renowned for its innovative risk management solutions and advanced analytics capabilities. The firm’s unique approach to underwriting and its commitment to leveraging technology have positioned it as a market leader in the industry.
With a robust portfolio of core products and services, RenaissanceRe has achieved notable milestones, including consistent recognition for its financial strength and operational excellence. The company’s dedication to delivering value to clients has solidified its reputation as a trusted partner in the reinsurance sector.
-12 vs industry average
RenaissanceRe’s score of 14 is lower than 33% 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
Machinery and Equipment has above-average carbon intensity
Industry performance
The Machinery and Equipment industry has reduced its overall emissions by 12% since 2019
Emissions trajectory 2020 – 2029
Reported emissions
Scope 3 accounts for ••• of total emissions.
RenaissanceRe's reported carbon emissions
In 2026, RenaissanceRe reported total carbon emissions of approximately 6,000,000 kg CO2e. This figure includes Scope 1 emissions of about 607,400 kg CO2e, Scope 2 emissions of approximately 211,530 kg CO2e, and Scope 3 emissions amounting to about 5,159,650 kg CO2e. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). Additionally, emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely from RenaissanceRe itself. RenaissanceRe's emissions profile highlights the significant impact of Scope 3 emissions, primarily driven by business travel, which accounted for the majority of their carbon footprint in previous years. In 2019, for instance, the company reported total emissions of approximately 10,795,000 kg CO2e, with Scope 3 emissions from business travel alone reaching about 9,465,000 kg CO2e. As a leading player in the reinsurance industry, RenaissanceRe is positioned to influence climate action, although it currently lacks formalised reduction commitments.
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RenaissanceRe’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for RenaissanceRe 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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RenaissanceRe
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