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OrganisationsVerisk Analytics
Verisk Analytics logo

Verisk Analytics

Research ServicesUnited StatesNASDAQ: VRSK
Last verified 13 days agoair-worldwide.com

Verisk Analytics, a leading provider of research and development services, is headquartered in the United States and operates across various global regions. Founded in 1971, the company has established itself as a key player in the analytics sector, particularly within insurance, energy, and environmental markets.

Verisk's core offerings include advanced data analytics, risk assessment, and predictive modelling, which are designed to empower businesses with actionable insights. Its unique approach combines deep industry expertise with innovative technology, setting it apart from competitors.

With a strong market position, Verisk Analytics has achieved notable milestones, including strategic acquisitions that enhance its service portfolio. The company continues to drive advancements in risk management and decision-making, solidifying its reputation as a trusted partner in the research and development landscape.

76
DitchCarbon score

+47 vs industry average

Verisk Analytics’s score of 76 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Medium

Research Services has typical carbon intensity

Industry performance

0.133
20192025

The Research Services industry has increased its overall emissions by 17% since 2019

Emissions trajectory 2020 – 2027

00.0M00.0M00.0M00M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Verisk Analytics's reported carbon emissions

Verisk Analytics, a US-based company operating in Research and development services (73), has outlined significant commitments to emissions reduction and achieving net-zero. For the reporting year 2024, Verisk Analytics reported a total of approximately 62.1 million kg CO2e. This breaks down into approximately 2.4 million kg CO2e for Scope 1 emissions, approximately 317,700 kg CO2e for Scope 2 (market-based), and approximately 59.4 million kg CO2e for Scope 3 emissions. The company has set ambitious targets, including a commitment to the Science Based Targets initiative (SBTi) to achieve net-zero emissions by 2050. As part of their near-term goals, Verisk Analytics aims to reduce absolute Scope 1 and 2 GHG emissions by 58.8% by 2034, using a 2022 base year. Furthermore, they commit to reducing absolute Scope 3 GHG emissions by 90% by 2050, also from a 2022 base year. Verisk Analytics has also demonstrated progress, having exceeded an internal target to reduce Scope 1 and Scope 2 emissions by 21% by 2024 compared to a 2019 baseline.

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Verisk Analytics’s Climate Goals (2030 & 2050)

2 goals

2050

90% reduction in all scopes

Reduce absolute Scope 1, 2, and 3 GHG emissions 90% by 2050 from 2022 base year.

At risk90%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 2 climate goals

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Scope 3 top emissions categories

9 of 15 categories disclosed
Purchased Goods & Services38%
Investments22%
Capital Goods17%
Employee Commuting12%
Business Travel7%
Fuel & Energy Activities1%
Upstream Transportation & Distribution0%
Waste Generated in Operations0%
Purchased Goods & Services38%
Investments22%
Capital Goods17%
Employee Commuting12%
Business Travel7%
Fuel & Energy Activities1%
Upstream Transportation & Distribution0%
Waste Generated in Operations0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Verisk Analytics logoVerisk Analytics
USResearch Services
13 days ago
76
Msci logoMsci
USServices Auxiliary to Financial Intermediation
3 days ago
86
View
Factset logoFactset
USComputer Services
22 days ago
80
View
Parexel logoParexel
USResearch Services
22 days ago
62
View
Veeva Systems logoVeeva Systems
USComputer Services
22 days ago
57
View
Paychex logoPaychex
USBusiness Services
22 days ago
56
View
Informa logoInforma
GBMedia Production
10 days ago
53
View

Frequently asked questions

Common questions about Verisk Analytics’s sustainability data and climate commitments

In 2024, Verisk Analytics reported total greenhouse gas emissions of approximately 63 million kg CO2e. This includes around 2.4 million kg CO2e from Scope 1, about 3.2 million kg CO2e from Scope 2, and nearly 59.4 million kg CO2e from Scope 3 emissions. The vast majority of emissions stem from Scope 3, highlighting the significant impact of the company's supply chain activities on its overall carbon footprint.

Data year: 2024

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