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Insurance Services
GB
updated 17 days ago

Beazley

Company websiteClaim

Beazley plc, a leading specialist insurer, is headquartered in London, GB, and operates across key regions including North America, Europe, and Asia. Founded in 1986, Beazley has established itself in the insurance industry with a focus on providing innovative solutions in areas such as cyber liability, professional indemnity, and marine insurance. Renowned for its unique approach to underwriting, Beazley combines deep industry expertise with a commitment to customer service, ensuring tailored coverage for diverse client needs. The company has achieved notable market recognition, consistently ranking among the top players in the Lloyd's of London market. With a strong emphasis on risk management and a proactive stance on emerging threats, Beazley continues to set benchmarks in the insurance sector.

DitchCarbon Score

How does Beazley'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.

49

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.

32

Industry Benchmark

Beazley's score of 49 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

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Beazley's reported carbon emissions

In 2024, Beazley reported total carbon emissions of approximately 6,092,830 kg CO2e, with emissions distributed across various scopes: 7,540 kg CO2e from Scope 1, 609,220 kg CO2e from Scope 2 (market-based), and 5,902,830 kg CO2e from Scope 3. The Scope 3 emissions included significant contributions from business travel, which accounted for about 11,236,370 kg CO2e. For the UK specifically, Beazley disclosed Scope 2 emissions of approximately 19,670 kg CO2e (location-based) in 2024, reflecting a commitment to transparency in their carbon footprint. In the previous year, 2023, the company reported Scope 2 emissions of about 43,650 kg CO2e (market-based) in the UK. Beazley has not set specific reduction targets through the Science Based Targets initiative (SBTi) or other formal climate pledges, indicating a potential area for future commitment. The company’s emissions data is not cascaded from a parent organization, ensuring that the reported figures are directly attributable to Beazley plc. Overall, Beazley’s emissions profile highlights the importance of addressing Scope 3 emissions, particularly from business travel, as part of their broader climate strategy.

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201920202021202220232024
Scope 1
21,080
00,000
0,000
00,000
0,000
0,000
Scope 2
-
00,000
000,000
000,000
000,000
000,000
Scope 3
6,725,810
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Beazley's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Beazley is in GB, which has a very high grid carbon intensity relative to other regions.

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.

Beazley 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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