Beazley PLC

Common Name
Beazley
Country
United Kingdom
Sector
Financial Services
Industry
Insurance - Specialty
Employees
2,324
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 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)2024202320222021 - 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.

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).

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.

Beazley's Scope 1 Emissions Over Time

201920202021202220232024020406080tCO2e-22%-50%+692%-97%+254%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Beazley's Scope 2 emissions?

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.

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.

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.

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.

Beazley's Scope 2 Emissions Over Time

20192020202120222023202404509001.35 k1.8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Beazley's Value Chain Emissions

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.

Beazley's Scope 3 Emissions Over Time

20192020202120222023202402 k4 k6 k8 ktCO2e-76%-47%+356%+51%-4%
  • Total Scope 3
  • Year-over-Year Change

What are Beazley's Scope 3 emissions?

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.

Has Beazley reduced its Scope 3 emissions over time?

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.

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.

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:

  • Business Travel (Cat. 6): 5,689.36 tCOâ‚‚e (99.5%)
  • Fuel- and Energy-Related Services (Cat. 3): 28.37 tCOâ‚‚e (0.5%)
  • Purchased Goods and Services (Cat. 1): 0 tCOâ‚‚e (0%)

Beazley's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(99.5%)

Insights into Beazley's Total Carbon Footprint

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%.

Want Full Access to Beazley's GHG Emissions Dataset?
Sign Up