- Climate change risks to insurance, investments, and operations.
- Potential impacts of physical and transition climate risk on pricing and risk selection, reserving, and strategy for individual lines of business.
- Risks to investment portfolio from oil, gas, and pipeline investments; municipal bonds; and electric utilities.
- Cybersecurity threats and data breaches.
W. R. Berkley Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, W. R. Berkley Corporation disclosed greenhouse gas emissions of 26.1K MT of CO2e (Scope 1 and 2 combined for Two22 building). By scope: Scope 1: 9.4K MT of CO2e (Two22 building); Scope 2: 16.8K MT of CO2e (Two22 building). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
26.1K MT of CO2e (Scope 1 and 2 combined for Two22 building)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 9.4K MT of CO2e (Two22 building) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 16.8K MT of CO2e (Two22 building) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 26.1K MT of CO2e (Scope 1 and 2 combined for Two22 building) |
| 2022 | 23.6K MT of CO2e (Scope 1 and 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Increased the number of locations included in Scope 1 and 2 emissions disclosure.
- Two22 building in Minneapolis completed a project to improve energy efficiency, saving over 1.3 million kWh of electricity per year and avoiding almost 500 tons of CO2 annually.
- Underwrote approximately $106 million of net premiums related to certain energy efficiency and low-carbon technology risks, more than doubling the 2022 amount.
🌱 ESG Focus Areas
Human Capital & CommunityClimate Risk ManagementResponsibility & Transparency