Brit Insurance
Brit Insurance, officially known as Brit Limited, is a leading global specialty insurer headquartered in London, GB. Established in 1995, the company has made significant strides in the insurance industry, focusing on providing innovative solutions across various sectors, including property, casualty, and marine insurance. With a strong presence in key operational regions such as North America and Europe, Brit Insurance is renowned for its unique approach to risk management and underwriting. The firm offers a diverse range of core products and services, distinguished by their tailored coverage and commitment to customer service. Recognised for its robust market position, Brit Insurance has achieved notable milestones, including consistent growth and a reputation for excellence in claims handling. As a trusted partner in the insurance landscape, Brit continues to set industry standards while adapting to the evolving needs of its clients.
DitchCarbon Score
How does Brit Insurance'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
Brit Insurance's score of 56 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Brit Insurance's reported carbon emissions
In 2024, Brit Insurance reported total carbon emissions of approximately 4,000,000 kg CO2e, with significant contributions from Scope 3 emissions, particularly from business travel, which accounted for about 3,670,000 kg CO2e. Scope 1 emissions from stationary combustion were about 139,000 kg CO2e, while Scope 2 emissions from purchased electricity were approximately 199,000 kg CO2e. For the previous year, 2023, emissions in the GB region were approximately 2,517,000 kg CO2e, with Scope 3 emissions from business travel at about 2,517,000 kg CO2e, Scope 1 emissions at around 196,000 kg CO2e, and Scope 2 emissions at about 222,000 kg CO2e. In 2022, the emissions data showed a total of about 1,539,000 kg CO2e for business travel under Scope 3, with Scope 1 emissions at approximately 203,000 kg CO2e and Scope 2 emissions at around 197,000 kg CO2e. Despite these figures, Brit Insurance has not set specific reduction targets or initiatives as part of their climate commitments. The emissions data is cascaded from their parent company, Brit Insurance Holdings B.V., and is part of a broader corporate family relationship with Fairfax Financial Holdings Limited, which influences their overall emissions reporting and performance metrics. Overall, Brit Insurance's emissions profile highlights the significant impact of business travel on their carbon footprint, indicating a potential area for future reduction initiatives.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 271,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 409,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | 00,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Brit Insurance 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.
