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 63 is higher than 79% 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 6,514,000 kg CO2e, with Scope 1 emissions at about 2,332,000 kg CO2e, Scope 2 emissions (location-based) at approximately 4,750,000 kg CO2e, and Scope 3 emissions totalling around 3,800,000 kg CO2e. Notably, business travel accounted for about 3,620,000 kg CO2e of the Scope 3 emissions. Verisk has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 58.8% by 2034 from a 2022 baseline. Additionally, it aims to cut Scope 3 emissions from purchased goods and services and capital goods by the same percentage, while targeting a 63.8% reduction in Scope 3 emissions from business travel per full-time equivalent (FTE) within the same timeframe. Verisk has exceeded its internal targets for reducing Scope 1 and 2 emissions by 21% by 2024 compared to a 2019 baseline. Long-term, the company aims for a 90% reduction in both Scope 1 and 2 emissions by 2050, alongside a similar 90% reduction in Scope 3 emissions. These commitments align with the Science Based Targets initiative (SBTi) standards, ensuring that Verisk's targets are consistent with the reductions necessary to limit global warming to 1.5°C.
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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 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 7,735,600 | 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.
