OUTsurance Group Ltd
OUTsurance Group's GHG Emissions Data Preview
In 2023, OUTsurance 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).
OUTsurance Group has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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 OUTsurance Group's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of OUTsurance Group amounted to 8,516.2 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of OUTsurance Group decreased by 7.11%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
OUTsurance Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are OUTsurance Group's Scope 1 emissions?
In 2023, the total Scope 1 emissions of OUTsurance Group were 1,022.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has OUTsurance Group reduced its Scope 1 emissions over time?
Since 2018, OUTsurance Group's Scope 1 emissions have decreased by 17.7%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), OUTsurance Group's Scope 1 emissions decreased by 26.87%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are OUTsurance Group's Scope 2 emissions?
In 2023, OUTsurance Group reported Scope 2 greenhouse gas (GHG) emissions of 7,493.4 tCOâ‚‚e without specifying the calculation method.
Has OUTsurance Group reduced its Scope 2 emissions over time?
Since 2018, OUTsurance Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 15.53%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), OUTsurance Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that OUTsurance Group 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does OUTsurance Group use for Scope 2 reporting?
In 2023, OUTsurance Group reported its Scope 2 emissions using an unspecified methodology.
OUTsurance Group's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into OUTsurance Group's Value Chain Emissions
In 2023, OUTsurance Group reported 6,134.8 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 OUTsurance Group includes a breakdown across 3 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.
OUTsurance Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are OUTsurance Group's Scope 3 emissions?
In 2023, OUTsurance Group reported total Scope 3 emissions of 6,134.8 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 OUTsurance Group reduced its Scope 3 emissions over time?
Since 2018, OUTsurance Group's Scope 3 emissions have increased by 110.12%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), OUTsurance Group's Scope 3 emissions increased by 16.74%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does OUTsurance Group disclose?
In 2023, OUTsurance Group reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of OUTsurance Group's Scope 3 emissions?
In 2023, the largest contributors to OUTsurance Group's Scope 3 emissions were:
- Business Travel (Cat. 6): 5,175.8 tCOâ‚‚e (84.37%)
- Fuel- and Energy-Related Services (Cat. 3): 946.5 tCOâ‚‚e (15.43%)
- Purchased Goods and Services (Cat. 1): 12.5 tCOâ‚‚e (0.2%)
OUTsurance Group's Scope 3 Emissions by Categories
Insights into OUTsurance Group's Total Carbon Footprint
In 2023, OUTsurance Group reported a total carbon footprint of 14,651 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.58% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to OUTsurance Group's total carbon footprint was Scope 2 emissions, accounting for 51.15% of the company's total carbon footprint, followed by Scope 3 emissions at 41.87%.