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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.
80
DitchCarbon score
+47 vs industry average
Verisk Analytics’s score of 80 is higher than 86% 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
Low
Research Services has below-average carbon intensity
Industry performance
0.198
20182025
The Research Services industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2027
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 reported total emissions of approximately 62,065,800 kg CO2e in 2024. This included approximately 2,387,600 kg CO2e from Scope 1, approximately 317,700 kg CO2e from Scope 2 (market-based), and approximately 59,360,500 kg CO2e from Scope 3 emissions.
The company has set several climate commitments. Verisk Analytics commits to reach net-zero greenhouse gas emissions across its value chain by 2050, with targets validated by the Science Based Targets initiative (SBTi).
For near-term targets, Verisk Analytics commits to reduce absolute Scope 1 and 2 GHG emissions by 58.8% by 2034 from a 2022 base year. It also commits to reduce absolute Scope 3 GHG emissions from purchased goods and services and capital goods by 58.8% within the same timeframe, and Scope 3 GHG emissions from business travel by 63.8% per full-time equivalent (FTE) also by 2034 from a 2022 base year.
For long-term targets, Verisk Analytics commits to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2022 base year, and absolute Scope 3 GHG emissions by 90% within the same timeframe.
Historically, Verisk exceeded its internal target to reduce Scope 1 and 2 emissions by 21% by 2024 compared with a 2019 baseline.
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Verisk Analytics’s Climate Goals (2030 & 2050)
8 goals2050
90% reduction in Scope 1
Verisk Analytics, Inc. commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from 2022 base year.
At risk90%
2050
90% reduction in scope 3 total
Verisk Analytics, Inc. also commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe.
At risk90%
2050
90% reduction in Scope 2
Verisk Analytics, Inc. commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from 2022 base year.
At risk90%
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Verisk Analytics3 months ago
80
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Frequently asked questions
Common questions about Verisk Analytics’s sustainability data and climate commitments
In 2024, Verisk Analytics reported total carbon emissions of approximately 62.1 million kg CO2e. The largest portion of these emissions, roughly 95.6%, originated from Scope 3, totaling approximately 59.4 million kg CO2e. Scope 1 emissions accounted for about 2.4 million kg CO2e, and Scope 2 emissions (market-based) were approximately 0.3 million kg CO2e. This breakdown highlights the significant impact of Verisk's value chain activities on its overall carbon footprint, a key consideration for its sustainability strategy in the research and development services sector.
Data year: 2024
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