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.
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.
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.
Beazley's score of 37 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Beazley reported total carbon emissions of approximately 6,169,720 kg CO2e, comprising 2,130 kg CO2e from Scope 1, 829,720 kg CO2e from Scope 2, and about 6,166,960 kg CO2e from Scope 3 emissions. This reflects a significant reliance on indirect emissions, particularly from purchased goods and services. Over the years, Beazley has maintained a consistent pattern in its emissions reporting. For instance, in 2022, the total emissions were approximately 5,158,650 kg CO2e, with Scope 1 emissions at 65,200 kg CO2e, Scope 2 at 946,810 kg CO2e, and Scope 3 at about 4,152,400 kg CO2e. The company has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future focus. Beazley’s emissions data shows a trend of increasing revenue alongside emissions, highlighting the challenge of decoupling growth from carbon output. The absence of documented reduction targets suggests that while Beazley is aware of its carbon footprint, it may need to enhance its climate strategy to align with industry standards and expectations for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 39,470 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 0,000 | 00,000 | 0,000 |
Scope 2 | 898,540 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
Scope 3 | 7,357,110 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 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.
Beazley is committed to some 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.