Verisk Analytics Inc
Verisk Analytics's GHG Emissions Data Preview
In 2023, Verisk Analytics 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).
Verisk Analytics has also provided a category-level breakdown for 2 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 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 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 Verisk Analytics's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Verisk Analytics amounted to 7,082.3 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 Verisk Analytics decreased by 22.6%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Verisk Analytics's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Verisk Analytics's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Verisk Analytics were 2,332 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Verisk Analytics reduced its Scope 1 emissions over time?
Since 2018, Verisk Analytics's Scope 1 emissions have decreased by 65.86%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Verisk Analytics's Scope 1 emissions decreased by 10.12%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Verisk Analytics's Scope 2 emissions?
In 2023, Verisk Analytics reported Scope 2 greenhouse gas (GHG) emissions of 406.3 tCOâ‚‚e using the market-based method, and 4,750.3 tCOâ‚‚e using the location-based method.
Has Verisk Analytics reduced its Scope 2 emissions over time?
Since 2018, Verisk Analytics's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 63.33%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Verisk Analytics's Scope 2 emissions (Location-Based) fell by 27.53% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Verisk Analytics use for Scope 2 reporting?
In 2023, Verisk Analytics reported its Scope 2 emissions using the market-based method and using the location-based method.
Verisk Analytics's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Verisk Analytics's Value Chain Emissions
In 2023, Verisk Analytics reported 3,800.2 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 Verisk Analytics includes a breakdown across 2 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.
Verisk Analytics's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Verisk Analytics's Scope 3 emissions?
In 2023, Verisk Analytics reported total Scope 3 emissions of 3,800.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 95.26% of these emissions originated from upstream activities such as purchased goods and capital goods, while 4.74% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Verisk Analytics reduced its Scope 3 emissions over time?
Since 2018, Verisk Analytics's Scope 3 emissions have decreased by 61.13%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Verisk Analytics's Scope 3 emissions increased by 18.32%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Verisk Analytics disclose?
In 2023, Verisk Analytics reported emissions for 2 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 Verisk Analytics's Scope 3 emissions?
In 2023, the largest contributors to Verisk Analytics's Scope 3 emissions were:
- Business Travel (Cat. 6): 3,620.2 tCOâ‚‚e (95.26%)
- Downstream Leased Assets (Cat. 13): 180.1 tCOâ‚‚e (4.74%)
Verisk Analytics's Scope 3 Emissions by Categories
Insights into Verisk Analytics's Total Carbon Footprint
In 2023, Verisk Analytics reported a total carbon footprint of 10,882.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.97% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Verisk Analytics's total carbon footprint was Scope 2 emissions, accounting for 43.65% of the company's total carbon footprint, followed by Scope 3 emissions at 34.92%.