Everest Group Ltd

Common Name
Everest Group
Country
Bermuda
Sector
Financial Services
Industry
Insurance - Reinsurance
Employees
3,037
Ticker
EG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Everest Group Ltd. is a leading reinsurance and insurance organization offering a wide array of products and services globally. Its primary function is to provide risk management solutions, covering p...

Everest Group's GHG Emissions Data Preview

In 2024, Everest 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).

Everest 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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a
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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b
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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Verified Sources Behind Everest Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Everest Group’s data sources below and access millions more through our Disclosure Search.

a. Everest Group's Corporate Governance Report 2024
a. Everest Group's Corporate Governance Report 2024
b. Everest Group's Corporate Responsibility Report (CRR) 2022
b. Everest Group's Corporate Responsibility Report (CRR) 2022
c. Everest Group's Corporate Responsibility Report (CRR) 2023
c. Everest Group's Corporate Responsibility Report (CRR) 2023

Insights into Everest Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Everest Group amounted to 1,884.2 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 Everest Group increased by 6.37%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Everest Group's Scope 1 Emissions Over Time

202120222023202401234tCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Everest Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Everest Group were 0 metric tons of CO₂ equivalent (tCO₂e). a

What are Everest Group's Scope 2 emissions?

In 2024, Everest Group reported Scope 2 greenhouse gas (GHG) emissions of 2,275.4 tCO₂e using the market-based method and 1,884.2 tCO₂e using the location-based method. a

Has Everest Group reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Everest Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Everest Group 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Everest Group use for Scope 2 reporting?

In 2024, Everest Group reported its Scope 2 emissions using the market-based method and using the location-based method. a

Everest Group's Scope 2 Emissions Over Time

20222023202406001.2 k1.8 k2.4 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Everest Group's Value Chain Emissions

In 2024, Everest Group reported 91,863.3 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 Everest Group includes a breakdown across 6 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

Everest Group's Scope 3 Emissions Over Time

2021202220232024025 k50 k75 k100 ktCO2e+16650%+61%+30%
  • Total Scope 3
  • Year-over-Year Change

What are Everest Group's Scope 3 emissions?

In 2024, Everest Group reported total Scope 3 emissions of 91,863.3 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 Everest Group reduced its Scope 3 emissions over time?

Since 2021, Everest Group's Scope 3 emissions have increased by 35,137.17%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Everest Group's Scope 3 emissions increased by 30.4%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Everest Group disclose?

In 2024, Everest Group reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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

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

In 2024, the largest contributors to Everest Group's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 71,606.6 tCO₂e (77.95%)
  • Business Travel (Cat. 6): 10,924.9 tCO₂e (11.89%)
  • Employee Commuting (Cat. 7): 4,910.6 tCO₂e (5.35%)

Everest Group's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(5.3%)Purchased Goods andServices (Cat. 1)(77.9%)Business Travel(Cat. 6)(11.9%)

Insights into Everest Group's Total Carbon Footprint

In 2024, Everest Group reported a total carbon footprint of 93,747.5 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 29.82% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Everest Group's total carbon footprint was Scope 3 emissions, accounting for 97.99% of the company's total carbon footprint, followed by Scope 2 emissions at 2.01%. a

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