RenaissanceRe Holdings Ltd., commonly referred to as RenaissanceRe, is a prominent player in the machinery and equipment n.e.c. (29) industry, headquartered in the United States. Founded in 1993, the company has established itself as a leader in providing innovative solutions and services tailored to the unique needs of its clients.
With a strong operational presence across North America and beyond, RenaissanceRe focuses on delivering high-quality machinery and equipment that stands out for its reliability and efficiency. The company is renowned for its commitment to excellence, achieving significant milestones in product development and market expansion.
RenaissanceRe's core offerings include advanced machinery solutions that cater to various sectors, positioning the company as a trusted partner in the industry. Its dedication to innovation and customer satisfaction has solidified its reputation and market position, making it a notable entity in the machinery landscape.
-10 vs industry average
RenaissanceRe’s score of 15 is lower than 35% 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
RenaissanceRe, a machinery and equipment company headquartered in the US, reported a total of approximately 10.8 million kg CO2e for the year 2019. This included Scope 1 emissions of about 63,000 kg CO2e, Scope 2 emissions from purchased electricity totalling approximately 1.27 million kg CO2e, and Scope 3 emissions of about 9.47 million kg CO2e, primarily driven by business travel.
For the reporting year 2026, RenaissanceRe projects a total of approximately 6.40 million kg CO2e. This projection encompasses Scope 1 emissions of around 607,400 kg CO2e, Scope 2 emissions of approximately 211,530 kg CO2e, and Scope 3 emissions projected at about 5.16 million kg CO2e.
RenaissanceRe has disclosed its commitment to addressing climate change and has made commitments in this area, although specific quantitative reduction targets or achievements for 2026 and beyond were not detailed in the provided information. The company's emissions data is not cascaded from a parent organisation, indicating direct reporting.
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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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