- Increased business travel emissions (74% higher than 2022)
- Significant increase in Scope 3 emissions due to emission-intensive purchases in IT infrastructure and office furniture
- Supply chain emissions (Scope 3)
Aspen Insurance Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Aspen Insurance Holdings Limited disclosed greenhouse gas emissions of 27.7K tCO2e (location-based); 27558 tCO2e (market-based). By scope: Scope 1: 379 tCO2e; Scope 2: 409 tCO2e (location-based); 301 tCO2e (market-based); Scope 3: 26.9K tCO2e. 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
27.7K tCO2e (location-based); 27558 tCO2e (market-based)
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). | 379 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 409 tCO2e (location-based); 301 tCO2e (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 26.9K tCO2e |
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 | 27.7K tCO2e (location-based); 27558 tCO2e (market-based) |
| 2020 | 1.7K tCO2e (2020) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Expanded emission measurement to include Scope 3 Purchased Goods & Services (PG&S)
- Offset 4,477 tons of CO2e through verified nature-based solutions
- Improved data collection for Scope 1 & 2 emissions
🎯 Climate & Sustainability Targets
🔜 Short-term
- Develop a formal sustainable underwriting strategy in the first half of 2024
📅 Medium-term
- Achieve at least 91% of CPR GWP rated neutral, with 66% favorable by 2026 (Project Leaf)
🌱 ESG Focus Areas
Climate ChangeDiversity, Equity & InclusionGovernanceCommunity InvestmentResponsible Investment