Lancashire Holdings
Lancashire Holdings Limited, commonly referred to as Lancashire, is a prominent player in the global insurance and reinsurance industry, headquartered in London, GB. Founded in 2005, the company has established a strong presence in key operational regions, including the United States, Bermuda, and the UK. Specialising in property, marine, and energy insurance, Lancashire is known for its unique approach to underwriting, focusing on high-quality risks and providing tailored solutions. The company has achieved notable milestones, including a successful IPO and consistent profitability, positioning itself as a leader in the market. With a commitment to innovation and customer service, Lancashire Holdings continues to set itself apart in a competitive landscape, delivering exceptional value to its clients.
DitchCarbon Score
How does Lancashire Holdings'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
Lancashire Holdings's score of 40 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lancashire Holdings's reported carbon emissions
In 2023, Lancashire Holdings, headquartered in Great Britain, reported total carbon emissions of approximately 2,642,800 kg CO2e. This figure includes emissions across all three scopes: - **Scope 1**: 24,400 kg CO2e from fugitive emissions and 280,600 kg CO2e from purchased electricity (Scope 2). - **Scope 3**: The majority of emissions stemmed from business travel (2,006,400 kg CO2e), employee commuting (166,900 kg CO2e), and other categories such as purchased goods and services (6,900 kg CO2e) and waste generated in operations (1,300 kg CO2e). In comparison, the previous year, 2022, saw total emissions of about 2,407,700 kg CO2e, indicating a rise in emissions in 2023. The company has not set specific reduction targets or initiatives as part of its climate commitments, which may reflect a broader industry context where many firms are still developing comprehensive strategies to address climate change. Lancashire Holdings continues to disclose its emissions data transparently, aligning with industry standards for climate accountability.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 67,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 253,500 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 150,700 | 000,000 | 0,000,000 | 0,000,000 |
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.
Lancashire Holdings 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.
