Beazley
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.
DitchCarbon Score
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.
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
Beazley's score of 42 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Beazley's reported carbon emissions
In 2023, Beazley reported total carbon emissions of approximately 6,169,960 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 99.5% of the total. Specifically, Scope 1 emissions were 2,130 kg CO2e, and Scope 2 emissions were 829,720 kg CO2e. The company's emissions from purchased goods and services within Scope 3 were particularly high, at approximately 5,661,320 kg CO2e. In comparison, in 2022, Beazley's total emissions were about 4,152,400 kg CO2e, with Scope 1 emissions at 65,200 kg CO2e and Scope 2 emissions at 946,810 kg CO2e. This indicates a notable increase in emissions from 2022 to 2023. Beazley has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company is actively monitoring its emissions across all scopes and has committed to transparency in its reporting. The focus on reducing Scope 3 emissions, which are often the most challenging to manage, highlights the company's awareness of its broader environmental impact.
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| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 39,470 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 0,000 | 00,000 | 0,000 |
| Scope 2 | 898,540 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 7,357,110 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 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.
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.
