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The Hartford Steam Boiler Inspection and Insurance Company
The Hartford Steam Boiler Inspection and Insurance Company, commonly known as HSB, is a leading provider of insurance and inspection services headquartered in the United States. Established in 1866, HSB has built a strong reputation in the specialty insurance sector, focusing on equipment breakdown, cyber risk, and renewable energy solutions. With a significant presence across North America and Europe, the company has achieved notable milestones, including its integration into the Munich Re Group, enhancing its global reach and expertise. HSB's core offerings include comprehensive insurance products and risk management services that are uniquely tailored to meet the needs of various industries. Renowned for its innovative approach, HSB stands out in the market with its commitment to safety and reliability, making it a trusted partner for businesses seeking to mitigate risks associated with equipment failure and emerging technologies.
DitchCarbon Score
How does The Hartford Steam Boiler Inspection and Insurance Company'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
The Hartford Steam Boiler Inspection and Insurance Company's score of 59 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Hartford Steam Boiler Inspection and Insurance Company currently does not report specific carbon emissions data, as no emissions figures are available. However, it is important to note that the company is a current subsidiary of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München, which may influence its climate commitments and reporting practices. As a subsidiary, The Hartford Steam Boiler Inspection and Insurance Company may inherit climate initiatives and targets from its parent organization. Münchener Rück has established a framework for climate action, which could include significant reduction targets and commitments that may cascade down to its subsidiaries. However, specific reduction targets or achievements for The Hartford Steam Boiler Inspection and Insurance Company have not been disclosed. In the absence of direct emissions data and reduction initiatives, it is essential to consider the broader context of the insurance and inspection industry, which is increasingly focusing on sustainability and climate resilience. Companies in this sector are often encouraged to adopt science-based targets and participate in initiatives such as the Carbon Disclosure Project (CDP) to enhance transparency and accountability regarding their environmental impact. Overall, while The Hartford Steam Boiler Inspection and Insurance Company does not currently provide specific emissions data or reduction targets, its affiliation with Münchener Rück suggests a potential alignment with industry standards and climate commitments.
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Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 47,761,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 47,362,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 27,023,000 | 00,000,000 | 00,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
The Hartford Steam Boiler Inspection and Insurance Company 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.
