Hiscox Ltd 2020 AR2
The report highlights Hiscox Ltd's performance and ESG initiatives for the fiscal year 2020. Despite a pre-tax loss of $268.5 million due to Covid-19 claims, the company maintained stable gross written premiums of $4,033.1 million. On the ESG front, Hiscox achieved its target of a 45% reduction in Scope 1, 2, and 3 greenhouse gas emissions per FTE since 2014, maintaining its carbon-neutral status through offsetting. The company also committed to phasing out the underwriting and investment of coal, Arctic energy exploration, and oil sands by 2030, and donated over $9 million to community and Covid-19 support causes.
Company: Hiscox Ltd
Sector: Finance & insurance
Country: Bermuda
Year: 2020
Type: AR2
Pages: 192
Hiscox Ltd
The report highlights Hiscox Ltd's performance and ESG initiatives for the fiscal year 2020. Despite a pre-tax loss of $268.5 million due to Covid-19 claims, the company maintained stable gross written premiums of $4,033.1 million. On the ESG front, Hiscox achieved its target of a 45% reduction in Scope 1, 2, and 3 greenhouse gas emissions per FTE since 2014, maintaining its carbon-neutral status through offsetting. The company also committed to phasing out the underwriting and investment of coal, Arctic energy exploration, and oil sands by 2030, and donated over $9 million to community and Covid-19 support causes.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Women on Board
Women in Management
Employees