Arch Capital Group Ltd
Arch Capital Group's GHG Emissions Data Preview
In 2023, Arch Capital 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).
Arch Capital Group has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Arch Capital Group's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Arch Capital Group amounted to 6,857 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Arch Capital Group decreased by 5.8%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Arch Capital Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Arch Capital Group's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Arch Capital Group were 1,443 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Arch Capital Group reduced its Scope 1 emissions over time?
Since 2020, Arch Capital Group's Scope 1 emissions have increased by 56%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Arch Capital Group's Scope 1 emissions increased by 7.05%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Arch Capital Group's Scope 2 emissions?
In 2023, Arch Capital Group reported Scope 2 greenhouse gas (GHG) emissions of 5,414 tCOâ‚‚e using the market-based method.
Has Arch Capital Group reduced its Scope 2 emissions over time?
Since 2020, Arch Capital Group's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 24.4%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Arch Capital Group's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Arch Capital Group 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Arch Capital Group use for Scope 2 reporting?
In 2023, Arch Capital Group reported its Scope 2 emissions using the market-based method.
Arch Capital Group's Scope 2 Emissions Over Time
- Total Scope 2 Market-Based
Insights into Arch Capital Group's Value Chain Emissions
In 2023, Arch Capital Group reported 77,952 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Arch Capital Group includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Arch Capital Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Arch Capital Group's Scope 3 emissions?
In 2023, Arch Capital Group reported total Scope 3 emissions of 77,952 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 99.24% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.76% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Arch Capital Group reduced its Scope 3 emissions over time?
Since 2020, Arch Capital Group's Scope 3 emissions have increased by 58.72%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Arch Capital Group's Scope 3 emissions increased by 20.68%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Arch Capital Group disclose?
In 2023, Arch Capital Group reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Arch Capital Group's Scope 3 emissions?
In 2023, the largest contributors to Arch Capital Group's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 44,083 tCOâ‚‚e (56.55%)
- Capital Goods (Cat. 2): 11,733 tCOâ‚‚e (15.05%)
- Business Travel (Cat. 6): 11,491 tCOâ‚‚e (14.74%)
Arch Capital Group's Scope 3 Emissions by Categories
Insights into Arch Capital Group's Total Carbon Footprint
In 2023, Arch Capital Group reported a total carbon footprint of 84,809 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Arch Capital Group's total carbon footprint was Scope 3 emissions, accounting for 91.91% of the company's total carbon footprint, followed by Scope 2 emissions at 6.38%.