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 19 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
W R Berkley's reported carbon emissions
In 2023, W R Berkley reported total carbon 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 emissions. This reflects their ongoing commitment to monitoring and managing their carbon footprint, particularly in the context of purchased electricity. Over the years, W R Berkley has shown fluctuations in their emissions. For instance, in 2021, their total emissions were about 23,880,000 kg CO2e, with 5,393,000 kg CO2e from Scope 1 and 18,487,000 kg CO2e from Scope 2. In 2022, emissions slightly decreased to approximately 23,625,000 kg CO2e, with similar contributions from both scopes. Despite these figures, W R Berkley has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This places them in a broader industry context where many companies are increasingly setting ambitious climate goals. Overall, while W R Berkley is actively tracking its emissions, the lack of defined reduction strategies may present challenges in aligning with industry standards for climate action.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 5,393,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 18,487,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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 committed to any reduction initiatives 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.
