The United Kingdom Mutual Steam Ship Assurance Association Limited
The United Kingdom Mutual Steam Ship Assurance Association Limited, commonly referred to as UK Mutual, is a prominent player in the marine insurance industry, headquartered in Great Britain. Established in the 19th century, UK Mutual has a rich history of providing comprehensive protection for shipowners and operators, with a focus on mutual insurance solutions. Operating primarily in the maritime sector, UK Mutual offers a range of core services, including protection and indemnity (P&I) insurance, which is tailored to meet the unique needs of its members. The association is renowned for its commitment to member-centric service and financial stability, positioning itself as a trusted partner in the marine insurance landscape. With a strong presence in key operational regions, UK Mutual has achieved notable milestones, reinforcing its reputation as a leader in the industry. Its dedication to innovation and risk management continues to set it apart in a competitive market.
DitchCarbon Score
How does The United Kingdom Mutual Steam Ship Assurance Association Limited'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 United Kingdom Mutual Steam Ship Assurance Association Limited's score of 30 is higher than 57% 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 United Kingdom Mutual Steam Ship Assurance Association Limited's reported carbon emissions
In 2023, The United Kingdom Mutual Steam Ship Assurance Association Limited reported total carbon emissions of approximately 416,660 kg CO2e. This figure includes 92,570 kg CO2e from Scope 1 emissions, 13,440 kg CO2e from Scope 2 emissions, and a significant 478,200 kg CO2e from Scope 3 emissions, which encompasses business travel (229,500 kg CO2e), employee commuting (44,000 kg CO2e), and waste generated in operations (300 kg CO2e). Comparatively, the total emissions for 2022 were the same at 416,660 kg CO2e, indicating no reduction in overall emissions year-on-year. In 2021, the total emissions were higher at 600,090 kg CO2e, with Scope 1 emissions at 93,090 kg CO2e and Scope 2 emissions at 28,800 kg CO2e, suggesting a notable decrease in total emissions over the two-year period. Despite these figures, The United Kingdom Mutual Steam Ship Assurance Association Limited has not set specific reduction targets or climate pledges, nor does it appear to have cascaded data from any parent organization. The absence of defined reduction initiatives highlights a potential area for improvement in their climate strategy. Overall, while the association has made strides in reducing emissions from 2021 to 2023, the lack of formal commitments or targets may limit its effectiveness in addressing climate change in the long term.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 93,090 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 28,800 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 478,200 | 000,000 | 000,000 | 000,000 | 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 United Kingdom Mutual Steam Ship Assurance Association Limited 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.
