Tower Group International, Ltd., commonly referred to as Tower Group, is a prominent player in the global insurance and reinsurance industry, headquartered in Bermuda (BM). Founded in 1999, the company has established a strong presence in key operational regions, including North America and Europe, providing innovative solutions tailored to diverse market needs. Specialising in property and casualty insurance, Tower Group distinguishes itself through its commitment to customer-centric service and robust risk management strategies. Over the years, the company has achieved significant milestones, solidifying its market position as a trusted provider with a reputation for reliability and excellence. With a focus on delivering unique products and services, Tower Group continues to adapt to the evolving landscape of the insurance sector, ensuring it meets the demands of its clients effectively.
How does Tower Group International, 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 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.
Tower Group International, Ltd.'s score of 20 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tower Group International, Ltd., headquartered in BM, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Tower Group International, Ltd., and does not inherit emissions data from a parent organization. In terms of climate commitments, there are no documented reduction targets or initiatives available at this time. The absence of specific targets or pledges suggests that Tower Group International, Ltd. may still be in the early stages of developing a comprehensive climate strategy. As the company continues to navigate its environmental responsibilities, it may look to establish measurable goals in line with industry standards, such as the Science Based Targets initiative (SBTi) or other recognised frameworks.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tower Group International, Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
