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 | 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.
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).
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.
In 2024, the total Scope 1 emissions of Beazley were 7.54 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Since 2019, Beazley's Scope 1 emissions have decreased by 64.23%, reflecting a declining long-term trend in Scope 1 emissions over time.
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.
In 2024, Beazley reported Scope 2 greenhouse gas (GHG) emissions of 609.22 tCOâ‚‚e using the market-based method, and 812.78 tCOâ‚‚e using the location-based method.
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.
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.
In 2024, Beazley reported its Scope 2 emissions using the market-based method and using the location-based method.
In 2024, Beazley reported 5,717.72 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 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.
In 2024, Beazley reported total Scope 3 emissions of 5,717.72 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
Since 2019, Beazley's Scope 3 emissions have decreased by 14.99%, reflecting a declining long-term trend in Scope 3 emissions over time.
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.
In 2024, Beazley reported emissions for 3 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.
In 2024, the largest contributors to Beazley's Scope 3 emissions were:
In 2024, Beazley reported a total carbon footprint of 6,538.04 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.71% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Beazley's total carbon footprint was Scope 3 emissions, accounting for 87.45% of the company's total carbon footprint, followed by Scope 2 emissions at 12.43%.