Greenlight Reinsurance, Ltd., commonly referred to as Greenlight Re, is a prominent player in the reinsurance industry, headquartered in the Cayman Islands (KY). Founded in 2004, the company has established itself as a leader in providing innovative reinsurance solutions, primarily focusing on property and casualty lines. With a strong operational presence in key markets across North America and Europe, Greenlight Re offers unique products and services that leverage advanced analytics and risk management strategies. The firm is recognised for its commitment to transparency and efficiency, setting it apart from traditional reinsurers. Notable achievements include a robust financial performance and a reputation for fostering long-term partnerships with clients. Greenlight Re continues to solidify its market position through a combination of strategic investments and a forward-thinking approach to risk transfer.
How does Greenlight Reinsurance, Ltd.'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.
Greenlight Reinsurance, Ltd.'s score of 16 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Greenlight Reinsurance, Ltd., headquartered in Kentucky (KY), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Greenlight Capital Re, Ltd., which may influence its climate-related initiatives and reporting. As of now, Greenlight Reinsurance has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi). Additionally, there are no climate pledges or specific reduction initiatives outlined in their current framework. Given the lack of direct emissions data and reduction commitments, it is essential to note that the company may still be developing its climate strategy in alignment with industry standards. The absence of reported emissions and targets suggests an opportunity for Greenlight Reinsurance to enhance its sustainability efforts and transparency in climate commitments moving forward.
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.
Greenlight Reinsurance, Ltd. 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.