In 2022, Beazley, saw a 55% reduction in our normalised GHG emissions when compared to the 2019 baseline. An increase in emissions was seen when compared to 2020 and 2021, however, this was due to the relaxation of travel restrictions brought about by the COVID-19 pandemic. The 2022 data has been verified in accordance with ISO14064, by an independent third party auditor.
| Overall location based GHG Emissions (tCO2e) | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Scope 1 | 21.08 | 16.50 | 8.23 | 65.20 |
| Scope 2 | 2,010.84 | 1,773.92 | 1,412.87 | 1,144.79 |
| Scope 3 | 6,735.91 | 1,647.04 | 807.37 | 4,073.96 |
| Total tCO2e | 8,767.83 | 3,437.46 | 2,228.46 | 5,283.96 |
| Total tCO2e/FTE | 5.52 | 2.09 | 1.22 | 2.49 |
Taking into account the procurement of electricity for our Barcelona, Dublin, London and Paris offices from certified renewable sources, our market based adjustments for 2022 result in the following emissions:
| Overall location based GHG Emissions (tCO2e) | 2022 |
|---|---|
| Scope 1 | 65.20 |
| Scope 2 | 1,027.79 |
| Scope 3 | 4,066.63 |
| Total tCO2e | 5,159.61 |
| Total tCO2e/FTE | 2.43 |