Hiscox
Hiscox Ltd, a leading specialist insurer, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 1901, Hiscox has established a strong reputation in the insurance industry, focusing on providing tailored coverage for businesses and individuals. The company is renowned for its core products, including professional indemnity, property, and liability insurance, which are designed to meet the unique needs of various sectors. Hiscox distinguishes itself through its commitment to exceptional customer service and innovative underwriting practices. With a robust market position, Hiscox has received numerous accolades for its performance and reliability, solidifying its status as a trusted partner in the insurance landscape.
DitchCarbon Score
How does Hiscox'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
Hiscox's score of 35 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hiscox's reported carbon emissions
In 2023, Hiscox reported total carbon emissions of approximately 1,452,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions accounted for about 408,900 kg CO2e, while Scope 2 emissions totalled approximately 1,043,100 kg CO2e. The company also disclosed significant Scope 3 emissions related to investments, amounting to approximately 129,526,000 kg CO2e. Over the previous years, Hiscox has demonstrated a commitment to reducing its carbon footprint. In 2022, total emissions were about 2,101,100 kg CO2e, indicating a reduction from 2021's total of approximately 1,866,000 kg CO2e. This trend reflects a broader effort to manage and mitigate climate impact, although specific reduction targets or initiatives have not been detailed in the available data. Hiscox's emissions data highlights its engagement with climate commitments, although no specific science-based targets or formal climate pledges have been disclosed. The company continues to monitor and report its emissions across all three scopes, aligning with industry standards for transparency and accountability in climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 615,200 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,110,700 | 000,000 | 000,000 | 0,000,000 |
| Scope 3 | 7,046,000 | 0,000,000 | 0,000,000 | 000,000,000 |
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.
Hiscox 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.
