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.
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.
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.
Verisk Analytics's score of 57 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Verisk Analytics reported total greenhouse gas emissions of approximately 6,220,000 kg CO2e. This includes Scope 1 emissions of about 2,594,680 kg CO2e, Scope 2 emissions of approximately 6,555,000 kg CO2e (with a market-based total of 413,600 kg CO2e), and Scope 3 emissions of around 3,204,000 kg CO2e, primarily from business travel (3,156,270 kg CO2e). Verisk has set ambitious climate commitments, aiming for a 21% reduction in Scope 1 and Scope 2 emissions by 2024 compared to a 2019 baseline. Additionally, they have committed to achieving net-zero emissions across all scopes by 2050. Their long-term targets include a 90% reduction in absolute Scope 1, Scope 2, and Scope 3 emissions by 2050, with near-term targets of 58.8% reductions in Scope 1 and Scope 2 emissions, and 58.8% for Scope 3 emissions from purchased goods and services by 2034. Furthermore, they aim for a 63.8% reduction in Scope 3 emissions from business travel per full-time equivalent (FTE) within the same timeframe. Verisk's climate strategy aligns with the Science Based Targets initiative (SBTi), ensuring their targets are consistent with limiting global warming to 1.5°C. The company has also signed the Amazon Climate Pledge, reinforcing its commitment to sustainability and climate action.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|---|---|
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 |
Scope 2 | 12,496,100 | 00,000,000 | 0,000,000 | 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 | 0,000,000 | 000,000 | 0,000,000 |
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.