- Limited historical data for some risks (e.g., extreme catastrophe events)
- ESG data for underwritten risks is under development
- Uncertainty over the impact of climate change on Brit’s risk profile
Brit Syndicates Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Brit Syndicates Limited disclosed greenhouse gas emissions of 2.9K tCO2e (before offset). By scope: Scope 1: 196 tCO2e; Scope 2: 203 tCO2e; Scope 3: 2.5K tCO2e (partial business travel only). 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
2.9K tCO2e (before offset)
2023
Renewable Energy
100% (electricity)
of total energy
Waste
56.5 tonnes (total waste)
2023
Energy Use
2.2M kwh (UK based operations only)
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). | 196 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 203 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.5K tCO2e (partial business travel only) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced emissions from cloud storage by at least 25% in the second half of 2023
- Achieved a 79.2% recycling rate in 2023
- All electricity supplied is REGO-backed renewable electricity
🎯 Climate & Sustainability Targets
🔜 Short-term
- Develop climate and nature-related underwriting guidelines in 2024
📅 Medium-term
- Develop and publish a transition plan in 2025
- Set internal targets for scope 1, 2 and 3 emissions in 2025
🔭 Long-term
- Achieve net-zero emissions (target year not specified)
🌱 ESG Focus Areas
Reducing environmental footprintEnabling net zero transitionResponsible product deploymentInclusive culture for our people