Beazley PLC

Common Name
Beazley
Country
United Kingdom
Sector
Financial Services
Industry
Insurance - Specialty
Employees
2,419
Ticker
BEZ
Exchange
LONDON STOCK EXCHANGE
Description
Beazley plc, a prominent name in the insurance industry, operates as a specialty insurance provider offering a diverse range of insurance products worldwide. The company's primary function is to under...

Beazley's Climate Target Data Preview

As of 2024, Beazley 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 Beazley ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2034
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Beazley’s Climate Targets Data

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a. Beazley's Annual Report 2024
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Insights into Beazley's Greenhouse Gas Emissions Pathways

As of 2024, Beazley 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 Beazley have a target to reduce the emissions from its operations?

As of 2024, Beazley has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Beazley's most ambitious operational target is to reduce these emissions by 65% by 2034, compared to a baseline of 1,012.01 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a

As of 2024, Beazley is ahead of schedule on its operational emissions reduction target, having achieved 29.14% of the planned reduction. a

Beazley's Operational (Scope 1+2) Emissions Pathway

20222024203403006009001.2 kBaselineCurrent (-19%)Target 2034 (-65%)
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