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 2023, Everest Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering 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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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 Everest Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Everest Group amounted to 1,771.3 metric tons of CO2 equivalent. This figure reflects indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Everest Group increased by 0.56%, suggesting that the company faced challenges in reducing its emissions from its core operations.

What are Everest Group's Scope 2 emissions?

In 2023, Everest Group reported Scope 2 greenhouse gas (GHG) emissions of 2,185.6 tCOâ‚‚e using the market-based method, and 1,771.3 tCOâ‚‚e using the location-based method.

Has Everest Group reduced its Scope 2 emissions over time?

Compared to the previous year (2022), 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.

What methodology does Everest Group use for Scope 2 reporting?

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

Everest Group's Scope 2 Emissions Over Time

20212022202305501.1 k1.65 k2.2 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Everest Group's Value Chain Emissions

In 2023, Everest Group reported 84,066.6 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 Everest Group includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Everest Group's Scope 3 Emissions Over Time

202120222023025 k50 k75 k100 ktCO2e+16650%+93%
  • Total Scope 3
  • Year-over-Year Change

What are Everest Group's Scope 3 emissions?

In 2023, Everest Group reported total Scope 3 emissions of 84,066.6 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 Everest Group reduced its Scope 3 emissions over time?

Since 2021, Everest Group's Scope 3 emissions have increased by 32,146.49%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Everest Group's Scope 3 emissions increased by 92.51%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Everest Group disclose?

In 2023, Everest 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 Everest Group's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 66,438.1 tCOâ‚‚e (79.03%)
  • Business Travel (Cat. 6): 9,022 tCOâ‚‚e (10.73%)
  • Employee Commuting (Cat. 7): 6,300.7 tCOâ‚‚e (7.49%)

Everest Group's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(10.7%)Employee Commuting(Cat. 7)(7.5%)Purchased Goods andServices (Cat. 1)(79.0%)
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