PartnerRe Ltd., headquartered in Bermuda (BM), is a leading global reinsurer that has established a strong presence in the insurance and reinsurance industry since its founding in 1993. With operational regions spanning North America, Europe, and Asia, PartnerRe offers a diverse range of reinsurance solutions across property, casualty, and specialty lines. The company is renowned for its innovative approach to risk management and its commitment to providing tailored solutions that meet the unique needs of its clients. PartnerRe's core services include property and casualty reinsurance, life and health reinsurance, and capital markets solutions, all designed to enhance the financial stability of its partners. Recognised for its robust financial strength and strategic partnerships, PartnerRe has achieved significant milestones, positioning itself as a trusted leader in the reinsurance market. Its dedication to excellence and client-centric philosophy continues to drive its success in an ever-evolving industry.
How does Partner Re'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.
Partner Re's score of 35 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Partner Re reported total carbon emissions of approximately 2,343,000 kg CO2e, with no emissions from Scope 1 and 325,000 kg CO2e from Scope 2. The majority of their emissions, about 2,018,000 kg CO2e, originated from Scope 3. This marks a significant increase in emissions from 2022, where they recorded approximately 1,482,000 kg CO2e in Scope 3 emissions and 288,000 kg CO2e in Scope 2. Partner Re has set ambitious climate commitments, aiming for a 0% market weight exposure to certain investments by 2025, based on a 2018 baseline. This target applies to both Scope 1 and Scope 2 emissions, reflecting their commitment to reducing their carbon footprint and aligning with net-zero goals. The company is actively working towards these targets, demonstrating a proactive approach to climate change mitigation.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | - | - | - |
Scope 2 | 279,000 | 000,000 | 000,000 |
Scope 3 | 175,000 | 0,000,000 | 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.
Partner Re 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.