SiriusPoint Ltd., headquartered in Bermuda (BM), is a prominent player in the global insurance and reinsurance industry. Founded in 2020, the company has quickly established itself as a leader in providing innovative risk solutions across various sectors, including property, casualty, and specialty lines. With a focus on leveraging advanced technology and data analytics, SiriusPoint offers unique products and services that cater to the evolving needs of clients worldwide. The firm operates extensively in key markets such as North America, Europe, and Asia, positioning itself as a trusted partner in risk management. Notable achievements include a robust financial foundation and a commitment to sustainable practices, which have solidified SiriusPoint's reputation as a forward-thinking entity in the insurance landscape.
How does SiriusPoint 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.
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.
SiriusPoint Ltd.'s score of 31 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, SiriusPoint Ltd. reported total carbon emissions of approximately 1,403,900 kg CO2e, comprising 4,700 kg CO2e from Scope 1, 365,600 kg CO2e from Scope 2, and about 999,300 kg CO2e from Scope 3 emissions. This data reflects a significant commitment to transparency in their environmental impact. SiriusPoint has set ambitious reduction targets, aiming for an over 80% reduction in their total carbon footprint by 2025 for both Scope 1 and Scope 2 emissions. This commitment is part of their near-term strategy, which began in 2021. Furthermore, the company is focused on achieving carbon neutrality for Scope 1 and Scope 2 emissions by 2050, aligning with long-term sustainability goals. The emissions data is not cascaded from any parent organization, indicating that SiriusPoint Ltd. independently reports its carbon footprint and climate commitments. The company is actively working towards reducing its environmental impact while ensuring that clients have documented plans for low carbon intensity in their portfolios.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2024 | |
---|---|---|
Scope 1 | 149,900 | 0,000 |
Scope 2 | 305,900 | 000,000 |
Scope 3 | - | 000,000 |
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.
SiriusPoint 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.