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 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 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, SiriusPoint Ltd. reported total carbon emissions of approximately 5,512,000 kg CO2e, with significant contributions from both Scope 1 and Scope 2 emissions. Specifically, Scope 1 emissions accounted for about 518,000 kg CO2e from mobile combustion and 53 kg CO2e from stationary combustion, while Scope 2 emissions totalled approximately 4,994,000 kg CO2e based on location-based accounting. In 2022, the company recorded total emissions of about 326,000 kg CO2e, with Scope 1 emissions at approximately 195,000 kg CO2e and Scope 2 emissions at around 131,000 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023. SiriusPoint has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. However, the company is actively monitoring its emissions and has reported on its performance across disclosed scopes. The absence of formal reduction targets suggests a need for further commitment to climate action within the industry context.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 149,900 | 000,000 | 00 |
Scope 2 | 305,900 | 000,000 | 000 |
Scope 3 | - | - | - |
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 committed to any reduction initiatives 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.