Beazley plc, a leading specialist insurer, is headquartered in London, GB, and operates across key regions including North America, Europe, and Asia. Founded in 1986, Beazley has established itself in the insurance industry with a focus on providing innovative solutions in areas such as cyber liability, professional indemnity, and marine insurance. Renowned for its unique approach to underwriting, Beazley combines deep industry expertise with a commitment to customer service, ensuring tailored coverage for diverse client needs. The company has achieved notable market recognition, consistently ranking among the top players in the Lloyd's of London market. With a strong emphasis on risk management and a proactive stance on emerging threats, Beazley continues to set benchmarks in the insurance sector.
How does Beazley'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.
Beazley's score of 30 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Beazley reported total carbon emissions of approximately 5,158,650 kg CO2e, with emissions distributed across various scopes: 65,200 kg CO2e (Scope 1), 1,027,790 kg CO2e (Scope 2, market-based), and 4,073,960 kg CO2e (Scope 3). Notably, the majority of their emissions stemmed from business travel, accounting for about 3,774,550 kg CO2e within Scope 3. For the UK specifically, Beazley’s emissions in 2022 included 319,020 kg CO2e from Scope 2 and 356,130 kg CO2e from Scope 3. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Beazley’s emissions data is sourced directly from Beazley plc, with no cascaded data from a parent organization. The company continues to monitor its carbon footprint and is expected to enhance its climate commitments in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 21,080 | 00,000 | 0,000 | 00,000 |
Scope 2 | 2,010,840 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 6,735,910 | 0,000,000 | 000,000 | 0,000,000 |
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.
Beazley 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.