Enstar Group Ltd

Common Name
Enstar Group
Country
Bermuda
Sector
Financial Services
Industry
Insurance - Diversified
Employees
790
Ticker
ESGR
Exchange
NASDAQ/NGS
Description
Enstar Group Ltd. is a globally recognized insurance and reinsurance company. Known for its specialized focus in the acquisition and management of diversified insurance companies, Enstar Group excels ...

Enstar Group's GHG Emissions Data Preview

In 2023, Enstar Group 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).

Enstar Group has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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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 Enstar Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Enstar Group amounted to 502.09 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 2022, the total operational greenhouse gas (GHG) emissions of Enstar Group decreased by 0.73%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Enstar Group's Scope 1 Emissions Over Time

20222023036912tCO2e-28%
  • Total Scope 1
  • Year-over-Year Change

What are Enstar Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Enstar Group were 6.36 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Enstar Group's Scope 1 emissions decreased by 28.14%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Enstar Group's Scope 2 emissions?

In 2023, Enstar Group reported Scope 2 greenhouse gas (GHG) emissions of 561.9 tCOâ‚‚e using the market-based method, and 495.73 tCOâ‚‚e using the location-based method.

Has Enstar Group reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Enstar Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Enstar Group 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Enstar Group use for Scope 2 reporting?

In 2023, Enstar Group reported its Scope 2 emissions using the market-based method and using the location-based method.

Enstar Group's Scope 2 Emissions Over Time

202220230150300450600tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Enstar Group's Value Chain Emissions

In 2023, Enstar Group reported 13,806.15 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 2023 disclosure of Enstar Group includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Enstar Group's Scope 3 Emissions Over Time

2022202303.5 k7 k10.5 k14 ktCO2e+21%
  • Total Scope 3
  • Year-over-Year Change

What are Enstar Group's Scope 3 emissions?

In 2023, Enstar Group reported total Scope 3 emissions of 13,806.15 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.03% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.97% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Enstar Group's Scope 3 emissions increased by 21.03%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Enstar Group disclose?

In 2023, Enstar Group reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Enstar Group's Scope 3 emissions?

In 2023, the largest contributors to Enstar Group's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 11,285.83 tCOâ‚‚e (81.74%)
  • Business Travel (Cat. 6): 1,649.23 tCOâ‚‚e (11.95%)
  • Employee Commuting (Cat. 7): 659.3 tCOâ‚‚e (4.78%)

Enstar Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(81.7%)Employee Commuting(Cat. 7)(4.8%)Business Travel(Cat. 6)(11.9%)

Insights into Enstar Group's Total Carbon Footprint

In 2023, Enstar Group reported a total carbon footprint of 14,308.24 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.1% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Enstar Group's total carbon footprint was Scope 3 emissions, accounting for 96.49% of the company's total carbon footprint, followed by Scope 2 emissions at 3.46%.