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Insurance Services
BM
updated a month ago

SiriusPoint Ltd.

Company website

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.

31

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.

32

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.

51%

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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, Scope 2 emissions of approximately 365,600 kg CO2e, and significant Scope 3 emissions totalling around 999,300 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 carbon footprint reduction of over 80% by 2025 for both Scope 1 and Scope 2 emissions. This commitment reflects their strategy to achieve carbon neutrality in these scopes by 2050, as part of a broader initiative to support clients with documented plans for low carbon intensity. The company’s emissions data is self-reported and does not appear to be cascaded from a parent organization. SiriusPoint's climate commitments align with industry standards, demonstrating a proactive approach to addressing climate change and reducing their environmental impact.

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20212024
Scope 1
149,900
0,000
Scope 2
305,900
000,000
Scope 3
-
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SiriusPoint Ltd.'s primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for SiriusPoint Ltd. is in BM, which we do not have grid emissions data for.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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