Palomar Holdings Inc

Common Name
Palomar Holdings
Country
United States
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
253
Ticker
PLMR
Exchange
NASDAQ/NGS
Website
plmr.com
Description
Palomar Holdings Inc. is a specialty insurance company that focuses on providing tailored insurance products for residential and commercial clients. The company's primary function is to underwrite cat...

Palomar Holdings's GHG Emissions Data Preview

In 2023, Palomar Holdings 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).

However, Palomar Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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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 Palomar Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Palomar Holdings amounted to 149 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 Palomar Holdings increased by 3.76%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Palomar Holdings's Scope 1 Emissions Over Time

202220230255075100tCO2e-1%
  • Total Scope 1
  • Year-over-Year Change

What are Palomar Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Palomar Holdings were 97 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Palomar Holdings's Scope 1 emissions decreased by 1.02%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Palomar Holdings's Scope 2 emissions?

In 2023, Palomar Holdings reported Scope 2 greenhouse gas (GHG) emissions of 52 tCOâ‚‚e without specifying the calculation method.

Has Palomar Holdings reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Palomar Holdings's Scope 2 emissions (Unspecified Calculation Method) rose by 14.04% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Palomar Holdings use for Scope 2 reporting?

In 2023, Palomar Holdings reported its Scope 2 emissions using an unspecified methodology.

Palomar Holdings's Scope 2 Emissions Over Time

20222023015304560tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Palomar Holdings's Value Chain Emissions

In 2023, Palomar Holdings reported 14,238 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 Palomar Holdings includes a breakdown across 0 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.

Palomar Holdings's Scope 3 Emissions Over Time

2022202304 k8 k12 k16 ktCO2e+1%
  • Total Scope 3
  • Year-over-Year Change

What are Palomar Holdings's Scope 3 emissions?

In 2023, Palomar Holdings reported total Scope 3 emissions of 14,238 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Palomar Holdings's Scope 3 emissions remained relatively stable, indicating that Palomar Holdings 's emissions have plateaued with no significant change in its value chain footprint.

Insights into Palomar Holdings's Total Carbon Footprint

In 2023, Palomar Holdings reported a total carbon footprint of 14,387 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.58% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Palomar Holdings's total carbon footprint was Scope 3 emissions, accounting for 98.96% of the company's total carbon footprint, followed by Scope 1 emissions at 0.67%.

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