Hiscox

Multi-line Insurance / Reinsurance
HSX.L
GBX 911 (0.87)%
Share price
$ 3.4 bn
Market Cap
$ 3 bn
Enterprise Value

Carbon footprint

0.52 Ton
GHG emissions per $ 1 mln investment
0.01x the weighted average for S&P 500
FY2021
How is this calculated?
-11%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-4.9%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Hiscox aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2020


This target has not been verified as science based according to SBTi
Hiscox's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -7.1% weighted average for S&P 500
FY2022
How is this calculated?

Hiscox aims to achieve net zero for all Scopes by 2050


This target has not been verified as science based according to SBTi
Hiscox's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Hiscox's GHG emissions (market-based) (Kt of CO2e)

Hiscox's carbon footprint

Hiscox reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2021 at 1.5 Kt (-0.18 /-10.5% y-o-y).

Hiscox's Scope 3 emissions decreased to 151 Kt (-19 /-11.2% y-o-y).

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2020, which translates into the estimated reduction of -0.08 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -5.3 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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