Arch Capital Group Ltd
Arch Capital Group's Climate Target Data Preview
As of 2024, Arch Capital Group has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Arch Capital Group's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2030 |
Verified Sources Behind Arch Capital Group’s Climate Targets Data
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Insights into Arch Capital Group's Greenhouse Gas Emissions Pathways
As of 2024, Arch Capital Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a
Does Arch Capital Group have a target to reduce the emissions from its operations?
As of 2024, Arch Capital Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Arch Capital Group's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 8,409 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a
Instead of reducing operational emissions, Arch Capital Group has increased them, with 2024 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.a