Admiral Group PLC

Common Name
Admiral Group
Country
United Kingdom
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
15,432
Ticker
ADM
Exchange
LONDON STOCK EXCHANGE
Description
Admiral Group plc is a prominent financial services company based in the United Kingdom, specializing in the provision of car insurance. As a key player in the insurance industry, Admiral Group offers...

Admiral Group's GHG Emissions Data Preview

In 2024, Admiral Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Admiral Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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b
0000000
Location-Based
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b
0000000
Total Scope 3
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
0000000
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Verified Sources Behind Admiral Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Admiral Group’s data sources below and access millions more through our Disclosure Search.

a. Admiral Group's Annual Report 2024
a. Admiral Group's Annual Report 2024
b. Admiral Group's Annual Report 2023
b. Admiral Group's Annual Report 2023

Insights into Admiral Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Admiral Group amounted to 2,567 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Admiral Group decreased by 25.7%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Admiral Group's Scope 1 Emissions Over Time

202120222023202404008001.2 k1.6 ktCO2e-40%+165%-63%
  • Total Scope 1
  • Year-over-Year Change

What are Admiral Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Admiral Group were 542 metric tons of CO₂ equivalent (tCO₂e). a

Has Admiral Group reduced its Scope 1 emissions over time?

Since 2021, Admiral Group's Scope 1 emissions have decreased by 41.66%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Admiral Group's Scope 1 emissions decreased by 63.43%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Admiral Group's Scope 2 emissions?

In 2024, Admiral Group reported Scope 2 greenhouse gas (GHG) emissions of 557 tCO₂e using the market-based method and 2,025 tCO₂e using the location-based method. a

Has Admiral Group reduced its Scope 2 emissions over time?

Since 2021, Admiral Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 30.77%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Admiral Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Admiral Group 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Admiral Group use for Scope 2 reporting?

In 2024, Admiral Group reported its Scope 2 emissions using the market-based method and using the location-based method. a

Admiral Group's Scope 2 Emissions Over Time

202120222023202407501.5 k2.25 k3 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Admiral Group's Value Chain Emissions

In 2024, Admiral Group reported 2,336 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Admiral Group includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Admiral Group's Scope 3 Emissions Over Time

202120222023202406001.2 k1.8 k2.4 ktCO2e+49%+42%+21%
  • Total Scope 3
  • Year-over-Year Change

What are Admiral Group's Scope 3 emissions?

In 2024, Admiral Group reported total Scope 3 emissions of 2,336 metric tons of CO₂ equivalent (tCO₂e). a

Has Admiral Group reduced its Scope 3 emissions over time?

Since 2021, Admiral Group's Scope 3 emissions have increased by 155.58%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Admiral Group's Scope 3 emissions increased by 20.72%, suggesting that the company faced challenges in reducing emissions across its value chain. a

Insights into Admiral Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Admiral Group reported Scope 1 greenhouse gas (GHG) emissions of 542 tCO₂e and total revenues of USD 6,110 millions. This translates into an emissions intensity of 0.09 tCO₂e per millions USD. a

Admiral Group's Scope 1 Emissions Intensity Compared to Peers

51001,00020,000200,000Scope 1 Emissions (tCO2e)505002,00020,000100,000Revenues (Millions of USD)FABSQIG Group HoldingsYear: 2024Scope 1: 180 tCO2eRevenue: $M 1,085Scope 1 Intensity: 0.17 tCO2e/$MTP ICAP GroupYear: 2023Scope 1: 1,442 tCO2eRevenue: $M 2,790Scope 1 Intensity: 0.52 tCO2e/$MJust GroupYear: 2023Scope 1: 73 tCO2eRevenue: $M 1,161Scope 1 Intensity: 0.06 tCO2e/$MSchrodersYear: 2024Scope 1: 483 tCO2eRevenue: $M 3,727Scope 1 Intensity: 0.13 tCO2e/$MLondon Stock Exchange GroupYear: 2024Scope 1: 1,736 tCO2eRevenue: $M 11,114Scope 1 Intensity: 0.16 tCO2e/$MInvestecYear: 2025Scope 1: 216 tCO2eRevenue: $M 2,738Scope 1 Intensity: 0.08 tCO2e/$MFFFunding Circle HoldingsYear: 2022Scope 1: 85 tCO2eRevenue: $M 188Scope 1 Intensity: 0.45 tCO2e/$M3i GroupYear: 2025Scope 1: 91 tCO2eRevenue: $M 6,711Scope 1 Intensity: 0.01 tCO2e/$MJanus Henderson GroupYear: 2024Scope 1: 116 tCO2eRevenue: $M 2,473Scope 1 Intensity: 0.05 tCO2e/$MAAAberdeen GroupYear: 2023Scope 1: 739 tCO2eRevenue: $M 1,844Scope 1 Intensity: 0.40 tCO2e/$MBBBridgepoint GroupYear: 2023Scope 1: 30 tCO2eRevenue: $M 376Scope 1 Intensity: 0.08 tCO2e/$MLegal & General GroupYear: 2024Scope 1: 9,665 tCO2eRevenue: $M 26,150Scope 1 Intensity: 0.37 tCO2e/$MNatWest GroupYear: 2024Scope 1: 9,402 tCO2eRevenue: $M 18,388Scope 1 Intensity: 0.51 tCO2e/$MAvivaYear: 2024Scope 1: 7,437 tCO2eRevenue: $M 39,855Scope 1 Intensity: 0.19 tCO2e/$MSSSagaYear: 2024Scope 1: 109,647 tCO2eRevenue: $M 731Scope 1 Intensity: 150.02 tCO2e/$MBeazleyYear: 2024Scope 1: 8 tCO2eRevenue: $M 747Scope 1 Intensity: 0.01 tCO2e/$MPrudentialYear: 2024Scope 1: 1,562 tCO2eRevenue: $M 6,010Scope 1 Intensity: 0.26 tCO2e/$MSt James's PlaceYear: 2024Scope 1: 597 tCO2eRevenue: $M 32,446Scope 1 Intensity: 0.02 tCO2e/$MLloyds Banking GroupYear: 2024Scope 1: 20,441 tCO2eRevenue: $M 23,345Scope 1 Intensity: 0.88 tCO2e/$MQQQuilterYear: 2024Scope 1: 354 tCO2eRevenue: $M 6,808Scope 1 Intensity: 0.05 tCO2e/$MBarclaysYear: 2024Scope 1: 8,949 tCO2eRevenue: $M 32,913Scope 1 Intensity: 0.27 tCO2e/$MAdmiral GroupYear: 2024Scope 1: 542 tCO2eRevenue: $M 6,110Scope 1 Intensity: 0.09 tCO2e/$M

How does Admiral Group's GHG emissions intensity compare to its peers?

In 2024, Admiral Group reported a Scope 1 emissions intensity of 0.09 tCO₂e per millions USD. Compared to the peer group median of 0.17 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Admiral Group rank on GHG emissions intensity within its industry?

In 2024, Admiral Group ranked 9 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Admiral Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Admiral Group's Total Carbon Footprint

In 2024, Admiral Group reported a total carbon footprint of 4,903 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.04% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Admiral Group's total carbon footprint was Scope 3 emissions, accounting for 47.64% of the company's total carbon footprint, followed by Scope 2 emissions at 41.3%. a

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