Lloyds Of London
Lloyd's of London, often simply referred to as Lloyd's, is a renowned insurance and reinsurance market headquartered in London, GB. Established in 1688, it has evolved into a global leader in specialty insurance, serving clients across various sectors, including marine, aviation, and property. Lloyd's operates through a unique marketplace model, where syndicates of underwriters come together to share risks and provide tailored coverage. This collaborative approach, combined with a rich history of innovation, has positioned Lloyd's as a trusted name in the industry. With a commitment to excellence, Lloyd's has achieved notable milestones, including its pivotal role in developing insurance solutions for emerging risks. Today, it remains a cornerstone of the global insurance landscape, recognised for its expertise and resilience in the face of challenges.
DitchCarbon Score
How does Lloyds Of London'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.
Industry Average
Mean score of companies in the Insurance 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.
Industry Benchmark
Lloyds Of London's score of 64 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Lloyds Of London's reported carbon emissions
In 2024, Lloyds of London reported total carbon emissions of approximately 4,278,000 kg CO2e, with emissions distributed across various scopes: 1,263,000 kg CO2e (Scope 1), 2,472,000 kg CO2e (Scope 2), and 3,015,000 kg CO2e (Scope 3). This reflects a significant commitment to transparency in their carbon footprint, as they disclose emissions across all three scopes. Lloyds has set ambitious targets to achieve net zero operational carbon emissions by 2025. This includes a roadmap initiated in 2020 aimed at reducing emissions by 29.4% across both Scope 1 and Scope 2 by 2025, based on a 1.5 degrees Celsius scenario. Additionally, they are targeting a 20% reduction in energy consumption across their portfolio by the end of 2025 and a 10% reduction in emissions associated with employee commuting. The organisation's climate strategy is heavily focused on operational improvements and energy efficiency, with specific initiatives aimed at enhancing energy performance ratings at their London offices. Lloyds' commitment to sustainability is further underscored by their ongoing efforts to quantify and manage their most material greenhouse gas emissions, including those from business travel and energy consumption. Overall, Lloyds of London is actively working towards reducing its carbon emissions and achieving its climate commitments, demonstrating a proactive approach to environmental responsibility within the insurance industry.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,344,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 35,908,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 11,166,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Lloyds Of London 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.
