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Liberty Specialty Markets, a prominent player in the insurance and pension funding services sector, is headquartered in Great Britain. Established in 2001, the company has carved a niche in providing innovative insurance solutions across various operational regions, including Europe, North America, and Asia-Pacific.
Specialising in specialty insurance and reinsurance, Liberty Specialty Markets offers a diverse range of products, including property, casualty, and marine insurance, distinguished by their tailored approach to risk management. The firm is recognised for its commitment to customer service and its ability to adapt to the evolving needs of the market.
With a strong market position, Liberty Specialty Markets has achieved notable milestones, reinforcing its reputation as a trusted partner in the insurance industry.
-9 vs industry average
Liberty Specialty Markets’s score of 30 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Insurance Services has below-average carbon intensity
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Liberty Specialty Markets, headquartered in GB and operating in insurance and pension funding services, reported a total of approximately 7.4 million kg CO2e emissions for the year 2023. This figure encompasses Scope 1, 2, and 3 emissions.
In 2023, Scope 1 emissions were approximately 251,000 kg CO2e. Scope 2 emissions, measured on a market-based approach, totalled about 31,000 kg CO2e, while the location-based measurement was approximately 479,000 kg CO2e. Scope 3 emissions for 2023 stood at approximately 7.12 million kg CO2e.
For the year 2021, Liberty Specialty Markets reported total emissions of approximately 1.26 million kg CO2e. This included Scope 1 emissions of about 383,000 kg CO2e, Scope 2 emissions (market-based) of approximately 160,000 kg CO2e, and Scope 3 emissions of around 170,000 kg CO2e.
Liberty Specialty Markets is committed to reducing its environmental impact, as evidenced by its carbon reduction plans. The company has made significant progress in reducing its overall carbon footprint, with a notable decrease in total reported emissions from approximately 1.26 million kg CO2e in 2021 to about 7.4 million kg CO2e in 2023. Liberty Specialty Markets has disclosed data for Scope 1, 2, and 3 emissions, though specific details for some Scope 3 categories, such as purchased goods and services, were noted as missing data points in their reporting. The company has not yet published specific SBTi reduction targets or joined global climate initiatives like the Climate Pledge.
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No climate goals have been disclosed for Liberty Specialty Markets yet.
No scope 3 category breakdown has been disclosed yet.
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