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Convex Insurance

Sustainability Report and Carbon Intensity Rankings

Is Convex Insurance doing their part?

Their DitchCarbon score is 40

Convex Insurance has a DitchCarbon Score of 40 out of 100, indicating moderate performance in sustainability measures. This score reflects a certain level of carbon intensity in the company’s operations. There is room for improvement in reducing emissions and enhancing their sustainability efforts.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Convex Insurance operates in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Unknown

High

Very high

Convex Insurance is located in a region with a very low carbon intensity rating, indicating a cleaner energy grid and lower emissions. This favorable environmental context supports the company’s sustainability efforts by reducing the carbon footprint associated with their operations.
10.83%

...this company is doing 10.83% worse in emissions than the industry average.

Convex Insurance, established in 2019 by Stephen Catlin and Paul Brand, operates within the finance sector as a specialty insurer and reinsurer. The company is strategically headquartered in London and has a significant presence in Bermuda. It is recognized for its unique blend of extensive industry experience, a strong reputation, and a legacy-free balance sheet.

Bad news, Convex Insurance hasn't committed to SBTi goals yet.

Convex Insurance has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company has not publicly defined or committed to concrete targets for reducing greenhouse gas emissions in line with climate science.

There’s always room for improvement,

DitchCarbon recommends...

Convex Insurance should establish transparent, science-based targets for reducing their Scope 3 emissions and promote sustainability practices throughout their supply chain to potentially decrease their emissions by 35%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.