Verisk Analytics
Verisk Analytics, a leading data analytics and risk assessment firm, is headquartered in the United States and operates across major regions globally. Founded in 1971, the company has established itself within the insurance, energy, and environmental sectors, providing critical insights that drive informed decision-making. Verisk's core offerings include advanced analytics, predictive modelling, and risk management solutions, which are distinguished by their accuracy and depth of data. Notable products such as AIR Worldwide and Wood Mackenzie exemplify the company's commitment to innovation and excellence. With a strong market position, Verisk Analytics is recognised for its contributions to enhancing operational efficiency and risk mitigation strategies, solidifying its reputation as a trusted partner in the analytics industry.
DitchCarbon Score
How does Verisk Analytics'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 Research 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
Verisk Analytics's score of 64 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Verisk Analytics's reported carbon emissions
In 2023, Verisk Analytics reported total carbon emissions of approximately 10,883,000 kg CO2e, a decrease from about 12,354,000 kg CO2e in 2022. The emissions breakdown for 2023 includes 2,332,000 kg CO2e from Scope 1, 4,750,000 kg CO2e from Scope 2, and 3,800,000 kg CO2e from Scope 3. This reflects a significant commitment to reducing their carbon footprint. Verisk has set ambitious reduction targets, aiming for a 21% reduction in Scope 1 and Scope 2 emissions by 2024 compared to a 2019 baseline. They have exceeded this target, achieving a reduction of 21% ahead of schedule. Furthermore, they have committed to a long-term goal of reaching net-zero greenhouse gas emissions across all scopes by 2050. Near-term targets include a 58.8% reduction in absolute Scope 1 and 2 emissions by 2034 from a 2022 baseline, as well as a 58.8% reduction in Scope 3 emissions from purchased goods and services and capital goods within the same timeframe. Additionally, they aim for a 63.8% reduction in Scope 3 emissions from business travel per full-time equivalent (FTE) by 2034. Verisk's climate commitments align with the Science Based Targets initiative (SBTi), ensuring their targets are consistent with the reductions required to limit global warming to 1.5°C. The company is actively working towards these goals, demonstrating a strong commitment to sustainability and climate action.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,800,100 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 12,496,100 | 00,000,000 | 0,000,000 | 00,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 7,735,600 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
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.
Verisk Analytics is participating in some 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.
