W R Berkley Sustainability Profile
W. R. Berkley Corporation, commonly referred to as Berkley, is a prominent player in the insurance industry, headquartered in the United States. Founded in 1967, the company has established a strong presence across various operational regions, including North America and Europe. Berkley is renowned for its specialty insurance and reinsurance services, focusing on areas such as commercial lines, excess and surplus lines, and alternative risk transfer. With a commitment to innovation and customer service, Berkley offers unique products tailored to meet the diverse needs of its clients. The company has achieved significant milestones, including consistent growth and a robust market position, making it one of the leading providers in the sector. Berkley's dedication to underwriting excellence and risk management sets it apart in a competitive landscape.
DitchCarbon Score
How does W R Berkley'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
W R Berkley's score of 38 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
W R Berkley's reported carbon emissions
In 2024, W. R. Berkley Corporation reported total carbon emissions of approximately 25,514,000 kg CO2e, comprising about 10,412,000 kg CO2e from Scope 1 and about 15,102,000 kg CO2e from Scope 2 emissions. This marks an increase from 2023, where emissions totalled about 26,143,000 kg CO2e, with Scope 1 at approximately 9,371,000 kg CO2e and Scope 2 at about 16,772,000 kg CO2e. W. R. Berkley has set ambitious climate commitments, aiming to reduce both Scope 1 and Scope 2 emissions to near zero by 2025. This target reflects their commitment to achieving significant reductions in their carbon footprint in the near term. Additionally, their Metro Center office in Stamford, Connecticut, is part of a carbon-neutral community of buildings, indicating a long-term strategy towards sustainability. The company has also reported a 7.5% reduction in greenhouse gas emissions intensity across its entire commercial portfolio between 2021 and 2022, showcasing their ongoing efforts to improve environmental performance. W. R. Berkley’s emissions data is not cascaded from any parent organisation, and their climate initiatives are independently reported. The corporation continues to focus on enhancing its sustainability practices while addressing the challenges of climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 5,393,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 18,487,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is W R Berkley's Industry?
How Carbon Intensive is W R Berkley's Location?
W R Berkley's Climate Goals (2030 & 2050)
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.
W R Berkley 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.
