QBE Holdings, Inc.
QBE Holdings, Inc., a prominent player in the insurance and reinsurance industry, is headquartered in the United States. Founded in 1886, the company has established a strong presence across major operational regions, including North America, Europe, and the Asia-Pacific. QBE is renowned for its comprehensive range of insurance products and services, which encompass property, casualty, and specialty lines, tailored to meet the diverse needs of its clients. With a commitment to innovation and customer service, QBE Holdings has achieved significant milestones, including numerous industry awards that underscore its market position. The company's unique approach combines local expertise with global resources, enabling it to deliver customised solutions that stand out in a competitive landscape. As a trusted name in the insurance sector, QBE continues to build on its legacy of excellence and reliability.
DitchCarbon Score
How does QBE Holdings, Inc.'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
QBE Holdings, Inc.'s score of 59 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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QBE Holdings, Inc.'s reported carbon emissions
In 2024, QBE Holdings, Inc. reported total carbon emissions of approximately 27,862,000 kg CO2e. This figure includes Scope 1 emissions of about 7,746,000 kg CO2e, Scope 2 emissions of approximately 7,413,000 kg CO2e (with 188,000 kg CO2e from purchased electricity), and significant Scope 3 emissions totalling around 12,703,000 kg CO2e. The Scope 3 breakdown includes business travel emissions of about 7,123,000 kg CO2e and employee commute emissions of approximately 6,320,000 kg CO2e. In comparison, the previous year, 2023, QBE's total emissions were about 31,191,000 kg CO2e, indicating a reduction of approximately 3,329,000 kg CO2e in 2024. This reduction reflects a commitment to improving sustainability practices, although specific reduction targets or initiatives have not been disclosed. QBE's emissions data from 2022 showed a total of around 28,078,000 kg CO2e, while in 2021, emissions were reported at about 15,823,000 kg CO2e. The company has demonstrated a fluctuating trend in emissions over the years, with a notable increase in 2023 followed by a decrease in 2024. Despite the lack of specific reduction targets or climate pledges, QBE Holdings, Inc. continues to monitor and report its carbon footprint across all three scopes, aligning with industry standards for transparency in climate commitments.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 6,565,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 13,770,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 8,466,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
QBE Holdings, Inc. 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.
