Shipowners Club
Shipowners Club, officially known as The Shipowners' Mutual Protection and Indemnity Association (Luxembourg), is a leading provider of marine insurance solutions headquartered in Luxembourg (LU). Established in 1855, the Club has built a strong reputation within the maritime industry, primarily serving shipowners and operators across Europe, Asia, and the Americas. Specialising in protection and indemnity (P&I) insurance, Shipowners Club offers tailored coverage that addresses the unique risks faced by its members. Its commitment to exceptional service and a member-focused approach distinguishes it from competitors, ensuring that clients receive comprehensive support in navigating complex maritime challenges. With a robust market position, Shipowners Club has achieved notable milestones, including a consistent track record of financial stability and growth, making it a trusted partner for maritime professionals worldwide.
DitchCarbon Score
How does Shipowners Club'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.
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.
Industry Benchmark
Shipowners Club's score of 29 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shipowners Club's reported carbon emissions
In 2024, Shipowners Club reported total carbon emissions of approximately 2,150,440 kg CO2e. This figure includes Scope 1 emissions of about 44,740 kg CO2e, Scope 2 emissions of approximately 73,740 kg CO2e, and significant Scope 3 emissions totalling around 2,031,960 kg CO2e. The breakdown of Scope 3 emissions reveals that business travel accounts for about 1,781,440 kg CO2e, while capital goods contribute approximately 52,930 kg CO2e, and employee commute emissions are around 81,040 kg CO2e. Despite the substantial emissions reported, Shipowners Club has not set specific reduction targets or climate pledges as part of their sustainability initiatives. The emissions data is not cascaded from any parent organisation, indicating that it is independently reported by The Shipowners' Mutual Protection and Indemnity Association (Luxembourg). As the maritime industry increasingly focuses on reducing carbon footprints, Shipowners Club's commitment to transparency in emissions reporting is a crucial step towards addressing climate change, although further commitments and reduction strategies would enhance their environmental impact.
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| 2024 | |
|---|---|
| Scope 1 | 44,740 |
| Scope 2 | 73,740 |
| Scope 3 | 2,031,960 |
Industry emissions intensity
Location emissions intensity
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.
Shipowners Club 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.
