Hiscox·Insurance·Last verified 2 August 2026
47
out of 100
Making progressPending ReviewMixed evidence· 9 src

Hiscox scores 47/100 (Making progress) on SINK's independent climate assessment — scored from public data only, no company payment can change a number. Last verified August 2026.

That places Hiscox joint 127th of 591 companies scored, and 5th of 10 in Insurance.

Hiscox discloses operational emissions with third-party verification but excludes financed/underwritten emissions—98% of its carbon footprint. Fossil fuel underwriting remains unresolved: the company has coal exclusions but no binding oil and gas phase-out, drawing criticism from Insure Our Future and Reclaim Finance. Operational targets lack SBTi validation.

Is this your company?

This score is built from public data only. If your practice is stronger than your disclosure, submit evidence for review — or challenge any question, free.

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The calculation

How is Hiscox's SINK score calculated?

Same formula for every company. No curve. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Insurance sector ceiling.
55 / 100
Performance score
Sum of the 10 rubric questions, scored 0–10 each.
47 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 55) + (0.7 × 47) = 49.4
Scale penalty
Multiplier based on absolute emissions volume — physics-first.
× 0.95
Final score
Rounded. Making progress.
47 / 100
The ten questions

What is Hiscox doing well, and where does it fall short?

Strongest on Carbon Footprint — Operations and Transparency & Accountability (7/10, 6/10). Weakest on Nature & Biodiversity Impact and Controversies & Red Flags (3/10, 4/10).

Where the evidence comes from

What evidence is Hiscox's score based on?

9 sources used in this assessment. All publicly available. Each row shows which rubric questions it informed.

[1]Self-reported
Hiscox Responsibility — Environment

Our Scope 1-3 emissions (excluding investments) are independently verified to a reasonable assurance level.

Ongoing
Q1Q2Q3Q4Q7Q8
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[2]Third-party verified
Tracenable GHG Emissions — Hiscox

In 2024, the total operational greenhouse gas (GHG) emissions of Hiscox amounted to 1,910 metric tons of CO2 equivalent.

Unknown
Q1Q2Q4
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[3]Self-reported
Hiscox Climate Report 2024

In 2024 we added wording into our leases that supports our requirements to decarbonise our offices, this is termed as 'Green Leasing'.

2024
Q4Q5Q6Q8Q9
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[4]Third-party verified
DitchCarbon — Hiscox Emissions Profile

The previous year, 2023, saw total emissions of approximately 25,914,000 kg CO2e, indicating a reduction in emissions year-on-year.

Unknown
Q3Q8
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[5]Third-party verified
SLR Consulting — Hiscox CDP Climate Change Disclosure

in that time, we have helped improve its performance from a C to a B score in 2022.

Unknown
Q9
View →
[6]Self-reported
Hiscox Responsibility — ESG Reporting & Governance

We participate in a number of key ESG indices including CDP, FTSE4Good and the Dow Jones Sustainability Index.

Ongoing
Q9
View →
[7]Third-party verified
Reclaim Finance — Lloyd's of London: The Insurance Market for Fossil Fuels

Hiscox Syndicates, as they have a commitment to stop underwriting risks related to new coal mines or new coal plants, but no commitment to stop underwriting risks related to new oil

2024
Q10
View →
[8]Third-party verified
Reclaim Finance — Lloyd's of London ESG Insurer Revealed to Back Fossil Fuel Expansion

Hiscox's ESG 3033 sub-syndicate claims that it provides 'insurance capacity exclusively awarded to businesses delivering exceptional ESG performance'

2025
Q10
View →
[9]Public record
Insurance Business Magazine — Zurich Insurance Stops Underwriting New Fossil Fuel Projects

AIG, Tokio Marine and big Lloyd's insurers like Hiscox now need to move next.

Unknown
Q10
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

Hiscox in context

How does Hiscox compare with other insurance companies?

Where Hiscox sits among insurance peers.

Among the 10 major insurance brands we've scored, Hiscox sits 5th of 10.

5/10
Hiscox's rank
46
Industry average
37
Industry low
59
Industry high
How this score has moved

Has Hiscox's score changed?

today

Score history begins .

As Hiscox's score updates, the trajectory will appear here.

We're backfilling historical scores for FTSE 100 and S&P 100 companies over the coming weeks.

What's being contested

Has Hiscox's score been challenged?

This score is not currently being contested.

Every challenge is published. We'd rather be corrected than wrong — that's the whole point.

No challenges submitted yet. If you have evidence that contradicts this score, you can challenge any question above — cite a public source and we'll review it.

About Hiscox

Hiscox is a Bermuda-based specialty insurer founded in 1901, headquartered in Hamilton. The group operates as a Lloyd's of London market participant, underwriting commercial and personal insurance across property, casualty, marine, and professional lines globally, with a significant digital distribution footprint.

Founded
Headquarters
Bermuda
Employees
~3,000
Annual revenue
~£2.66B
Company website ↗
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