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.
-7 vs industry average
Lancashire Holdings’s score of 30 is lower than 42% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Lancashire Holdings's reported carbon emissions
In 2023, Lancashire Holdings reported total carbon emissions of approximately 2,642,800 kg CO2e. This figure includes Scope 1 emissions of about 101,600 kg CO2e, primarily from stationary combustion and fugitive emissions, Scope 2 emissions of approximately 280,600 kg CO2e from purchased electricity, and significant Scope 3 emissions of around 2,260,600 kg CO2e, largely driven by business travel and employee commuting. The company has not set specific reduction targets or initiatives as part of its climate commitments, and there are no documented SBTi (Science Based Targets initiative) reduction targets. Additionally, there are no climate pledges currently in place. Lancashire Holdings operates with a focus on transparency regarding its emissions data, which is not cascaded from any parent organization, ensuring that the reported figures are directly from its own operations. The company continues to monitor and report its emissions across all scopes, reflecting its commitment to understanding and managing its carbon footprint.
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Lancashire Holdings’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Lancashire Holdings yet.
Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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