Lloyd's of London Limited, commonly referred to as Lloyd's, is a renowned insurance and reinsurance market headquartered in London, GB. Established in 1688, Lloyd's has a rich history of innovation and resilience, evolving into a global leader in the insurance industry. The market operates primarily in the United Kingdom and has a significant presence in key regions worldwide, including North America and Asia. Lloyd's is distinguished by its unique marketplace model, where multiple financial backers, known as syndicates, come together to underwrite risks across various sectors, including marine, aviation, and specialty insurance. This collaborative approach allows Lloyd's to offer tailored solutions that meet the diverse needs of clients. With a strong reputation for financial strength and expertise, Lloyd's continues to be a pivotal player in the global insurance landscape, consistently achieving notable milestones in risk management and innovation.
How does Lloyd's of London Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Other Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Lloyd's of London Limited's score of 48 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Lloyd's of London Limited reported total carbon emissions of approximately 4,278,000 kg CO2e in Great Britain. This figure includes 1,263,000 kg CO2e from Scope 1 emissions, 2,472,000 kg CO2e from Scope 2 emissions, and 3,015,000 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 3,735,000 kg CO2e. Comparatively, in 2023, the company recorded total emissions of around 3,270,000 kg CO2e in Great Britain, with Scope 1 emissions at 1,568,000 kg CO2e, Scope 2 emissions at 2,715,000 kg CO2e, and Scope 3 emissions at 1,702,000 kg CO2e. This indicates a significant increase in emissions from 2023 to 2024. Lloyd's has set ambitious climate commitments, aiming for an energy performance certificate rating of C by 2027 and B by 2030 for its London offices. These targets are part of their strategy to reduce operational emissions across both Scope 1 and Scope 2 categories. The company is actively working towards these goals to enhance its sustainability and reduce its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2023 | 2024 | |
---|---|---|
Scope 1 | 1,571,000 | 0,000,000 |
Scope 2 | 423,000 | 000,000 |
Scope 3 | 3,015,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lloyd's of London Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.