Hiscox Ltd
Hiscox's Climate Target Data Preview
As of 2024, Hiscox has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Hiscox ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2050 |
Intensity-based Target* | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7) | Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Create your Tracenable account today and download up to 5 company datasets of your choice for free. No credit card required.
Verified Sources Behind Hiscox’s Climate Targets 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 Hiscox’s data sources below and access millions more through our Disclosure Search.
Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.
Insights into Hiscox's Greenhouse Gas Emissions Pathways
As of 2024, Hiscox has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a
Does Hiscox have a target to reduce the emissions from its operations?
As of 2024, Hiscox has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Hiscox's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 1,726.1 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a
As of 2024, Hiscox is lagging behind on its operational emissions reduction target, having achieved 9.48% of the planned reduction. a
Hiscox's Operational (Scope 1+2) Emissions Pathway
Does Hiscox have a target to reduce the emissions from its value chain?
As of 2024, Hiscox has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a
Hiscox's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 6.13 Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE) in 2020. a
Instead of reducing value chain emissions, Hiscox has increased them, with 2024 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target. a