W R Berkley
W. R. Berkley Corporation, commonly referred to as Berkley, is a prominent player in the insurance industry, headquartered in the United States. Founded in 1967, the company has established a strong presence across various operational regions, including North America and Europe. Berkley is renowned for its specialty insurance and reinsurance services, focusing on areas such as commercial lines, excess and surplus lines, and alternative risk transfer. With a commitment to innovation and customer service, Berkley offers unique products tailored to meet the diverse needs of its clients. The company has achieved significant milestones, including consistent growth and a robust market position, making it one of the leading providers in the sector. Berkley's dedication to underwriting excellence and risk management sets it apart in a competitive landscape.
DitchCarbon Score
How does W R Berkley'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 Insurance 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
W R Berkley's score of 31 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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W R Berkley's reported carbon emissions
In 2023, W R Berkley reported total greenhouse gas emissions of approximately 26,143,000 kg CO2e, comprising 9,371,000 kg CO2e from Scope 1 and 16,772,000 kg CO2e from Scope 2. The company has demonstrated a commitment to reducing its carbon footprint, achieving a 7.5% reduction in greenhouse gas emissions intensity across its entire commercial portfolio from 2021 to 2022 for both Scope 1 and Scope 2 emissions. W R Berkley is actively pursuing initiatives to support the transition to a low-carbon economy, with plans to implement further reductions in emissions by 2025. The company has set near-term targets for both Scope 1 and Scope 2 emissions, although specific numerical targets have not been disclosed. Overall, W R Berkley's climate commitments reflect a proactive approach to sustainability, aligning with industry standards and contributing to global efforts to mitigate climate change.
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.
W R Berkley is not participating in any 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.
