Beazley PLC
Beazley's GHG Emissions Data Preview
In 2024, Beazley 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).
Beazley has also provided a category-level breakdown for 3 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Beazley’s Greenhouse Gas (GHG) Emissions Data
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Insights into Beazley's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Beazley amounted to 820.32 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). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Beazley decreased by 1.39%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Beazley's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Beazley's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Beazley were 7.54 metric tons of CO₂ equivalent (tCO₂e). a
Has Beazley reduced its Scope 1 emissions over time?
Since 2019, Beazley's Scope 1 emissions have decreased by 64.23%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Beazley's Scope 1 emissions increased by 253.99%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Beazley's Scope 2 emissions?
In 2024, Beazley reported Scope 2 greenhouse gas (GHG) emissions of 609.22 tCO₂e using the market-based method and 812.78 tCO₂e using the location-based method. a
Has Beazley reduced its Scope 2 emissions over time?
Since 2019, Beazley's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 51.4%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), Beazley's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Beazley 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Beazley use for Scope 2 reporting?
In 2024, Beazley reported its Scope 2 emissions using the market-based method and using the location-based method. a
Beazley's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Beazley's Value Chain Emissions
In 2024, Beazley reported 5,902.83 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Beazley includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Beazley's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Beazley's Scope 3 emissions?
In 2024, Beazley reported total Scope 3 emissions of 5,902.83 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Beazley reduced its Scope 3 emissions over time?
Since 2019, Beazley's Scope 3 emissions have decreased by 12.24%, reflecting a declining long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2023), Beazley's Scope 3 emissions remained relatively stable, indicating that Beazley 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Beazley disclose?
In 2024, Beazley reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Beazley's Scope 3 emissions?
In 2024, the largest contributors to Beazley's Scope 3 emissions were: a
- Business Travel (Cat. 6): 5,689.36 tCO₂e (96.38%)
- Purchased Goods and Services (Cat. 1): 171.23 tCO₂e (2.9%)
- Fuel- and Energy-Related Services (Cat. 3): 42.24 tCO₂e (0.72%)
Beazley's Scope 3 Emissions by Categories
Insights into Beazley's Total Carbon Footprint
In 2024, Beazley reported a total carbon footprint of 6,723.15 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.94% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Beazley's total carbon footprint was Scope 3 emissions, accounting for 87.8% of the company's total carbon footprint, followed by Scope 2 emissions at 12.09%. a