Shipowners Club, officially known as The Shipowners' Mutual Protection and Indemnity Association (Luxembourg), is a leading provider of marine insurance solutions headquartered in Luxembourg (LU). Established in 1855, the Club has built a strong reputation within the maritime industry, primarily serving shipowners and operators across Europe, Asia, and the Americas. Specialising in protection and indemnity (P&I) insurance, Shipowners Club offers tailored coverage that addresses the unique risks faced by its members. Its commitment to exceptional service and a member-focused approach distinguishes it from competitors, ensuring that clients receive comprehensive support in navigating complex maritime challenges. With a robust market position, Shipowners Club has achieved notable milestones, including a consistent track record of financial stability and growth, making it a trusted partner for maritime professionals worldwide.
How does Shipowners Club'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.
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.
Shipowners Club's score of 32 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Shipowners Club reported total carbon emissions of approximately 2,150,440 kg CO2e. This figure includes Scope 1 emissions of about 44,740 kg CO2e, Scope 2 emissions of around 73,740 kg CO2e, and significant Scope 3 emissions totalling approximately 2,031,960 kg CO2e. The breakdown of Scope 3 emissions reveals that business travel accounts for about 1,781,440 kg CO2e, while purchased goods and services contribute approximately 107,330 kg CO2e. Currently, Shipowners Club has not established specific reduction targets or initiatives, nor do they participate in the Science Based Targets initiative (SBTi). Their emissions data is independently reported and not cascaded from any parent organisation. The club is committed to addressing climate change within the maritime industry, although specific commitments or pledges have not been disclosed.
Access structured emissions data, company-specific emission factors, and source documents
| 2024 | |
|---|---|
| Scope 1 | 44,740 |
| Scope 2 | 73,740 |
| Scope 3 | 2,031,960 |
The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 88% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Shipowners Club has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
