As of 2025, Beazley has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based 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 Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -65%a | 2034 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE) | -50%a | 2025 |
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As of 2025, 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
As of 2025, 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 2025, Beazley is ahead of schedule on its operational emissions reduction target, having achieved 37.83% of the planned reduction.a
As of 2025, Beazley has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a
Beazley's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 5.3 Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE) in 2019, by 50% by 2025.a
Beazley has already surpassed its total carbon footprint reduction target, with 2025 levels falling below the 2025 value, achieving its climate goal ahead of schedule.a