SiriusPoint Ltd.
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.
DitchCarbon Score
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.
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
SiriusPoint Ltd.'s score of 31 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SiriusPoint Ltd.'s reported carbon emissions
In 2024, SiriusPoint Ltd. reported total carbon emissions of approximately 1,403,900 kg CO2e. This includes Scope 1 emissions of about 4,700 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 365,600 kg CO2e, based on location-based accounting. The company also disclosed significant Scope 3 emissions, totalling around 2,997,887 kg CO2e, with notable contributions from business travel (about 201,502 kg CO2e) and employee commuting (approximately 703,609 kg CO2e). SiriusPoint has set ambitious reduction targets, aiming for an overall reduction of over 80% in its carbon footprint by 2025 for both Scope 1 and Scope 2 emissions. Additionally, the company is committed to achieving carbon neutrality for these scopes by 2050, as part of its long-term climate strategy. The emissions data is not cascaded from any parent organization, indicating that SiriusPoint Ltd. is independently reporting its climate impact. The company is actively working towards its climate commitments, aligning with industry standards for sustainability and carbon reduction.
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| 2021 | 2024 | |
|---|---|---|
| Scope 1 | 149,900 | 0,000 |
| Scope 2 | 305,900 | 000,000 |
| Scope 3 | - | 0,000,000.00 |
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.
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.
