AXIS Capital Holdings Ltd
AXIS Capital Holdings's GHG Emissions Data Preview
In 2023, AXIS Capital Holdings 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).
AXIS Capital Holdings has also provided a category-level breakdown for 2 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 | ||||
Unspecified Calculation Method | 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 AXIS Capital Holdings's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of AXIS Capital Holdings amounted to 1,920 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 AXIS Capital Holdings decreased by 11.32%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
AXIS Capital Holdings's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are AXIS Capital Holdings's Scope 1 emissions?
In 2023, the total Scope 1 emissions of AXIS Capital Holdings were 69 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has AXIS Capital Holdings reduced its Scope 1 emissions over time?
Since 2019, AXIS Capital Holdings's Scope 1 emissions have decreased by 74.44%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), AXIS Capital Holdings's Scope 1 emissions decreased by 47.73%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are AXIS Capital Holdings's Scope 2 emissions?
In 2023, AXIS Capital Holdings reported Scope 2 greenhouse gas (GHG) emissions of 1,851 tCOâ‚‚e without specifying the calculation method.
Has AXIS Capital Holdings reduced its Scope 2 emissions over time?
Since 2019, AXIS Capital Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 54.22%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), AXIS Capital Holdings's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that AXIS Capital Holdings 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does AXIS Capital Holdings use for Scope 2 reporting?
In 2023, AXIS Capital Holdings reported its Scope 2 emissions using an unspecified methodology.
AXIS Capital Holdings's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into AXIS Capital Holdings's Value Chain Emissions
In 2023, AXIS Capital Holdings reported 3,210 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 AXIS Capital Holdings includes a breakdown across 2 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.
AXIS Capital Holdings's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are AXIS Capital Holdings's Scope 3 emissions?
In 2023, AXIS Capital Holdings reported total Scope 3 emissions of 3,210 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 93.83% of these emissions originated from upstream activities such as purchased goods and capital goods, while 6.17% came from downstream activities like product use, distribution, and end-of-life treatment.
Compared to the previous year (2022), AXIS Capital Holdings's Scope 3 emissions increased by 22.47%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does AXIS Capital Holdings disclose?
In 2023, AXIS Capital Holdings reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of AXIS Capital Holdings's Scope 3 emissions?
In 2023, the largest contributors to AXIS Capital Holdings's Scope 3 emissions were:
- Business Travel (Cat. 6): 3,012 tCOâ‚‚e (93.83%)
- Downstream Leased Assets (Cat. 13): 198 tCOâ‚‚e (6.17%)
AXIS Capital Holdings's Scope 3 Emissions by Categories
Insights into AXIS Capital Holdings's Total Carbon Footprint
In 2023, AXIS Capital Holdings reported a total carbon footprint of 5,130 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.19% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to AXIS Capital Holdings's total carbon footprint was Scope 3 emissions, accounting for 62.57% of the company's total carbon footprint, followed by Scope 2 emissions at 36.08%.