Arch Capital Group Ltd 2022 Sustainability Report
Company: Arch Capital Group Ltd
Sector: Finance & insurance
Country: Bermuda
Year: 2022
Type: Sustainability Report
Pages: 8
The report highlights the company's 2022 ESG framework across five impact areas and its integration of ESG into underwriting, operations and investing. It reports a target to reduce absolute Scope 1 and Scope 2 emissions by 42% by 2030 from a 2020 base year, alongside net-zero operations by 2030. Climate-related underwriting escalations totaled 79 accounts, with 11 abstentions or non-renewals and 68 proceedings or bindings. The company donated $5.6 million to charities and employees used 12,000 volunteer hours.
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