Hiscox Ltd
Hiscox's Climate Target Data Preview
As of 2023, Hiscox has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target 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.  | 2030 |
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.  | 2030 |
This table provides a simplified preview of selected climate targets 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 Hiscox's Greenhouse Gas Emissions Pathways
As of 2023, 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.
Does Hiscox have a target to reduce the emissions from its operations?
As of 2023, Hiscox has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Hiscox's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 1,725.9 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.
As of 2023, Hiscox is on track to meet its operational emissions reduction target, having achieved 31.74% of the planned reduction.
Hiscox's Operational (Scope 1+2) Emissions Pathway
Does Hiscox have a target to reduce the emissions from its value chain?
As of 2023, 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.
Hiscox's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 8.91 Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE) in 2020.
As of 2023, Hiscox is ahead of schedule on its value chain emissions reduction target, having achieved 98.88% of the planned reduction.