UK Insurers Gain Insight into Carbon Footprint of Claims with New Verisk Calculator
Verisk (Nasdaq: VRSK) has launched the UK insurance industry's first Carbon Trust Assured Model for property claims - the Verisk Property Claims Carbon Calculator. This innovative tool enables insurers to measure and reduce the carbon footprint of their claims, supporting Scope 3 emissions reporting compliance.
The calculator, developed with the Carbon Trust, is assured against ISO 14064-3:2019, PAS 2050, and GHG Protocol standards. It incorporates over 2,000 construction sector emission factors and Environmental Product Declarations, combined with Verisk's buildings repair pricing data and claims intelligence.
This solution helps insurers track emissions at the claim level, benchmark performance, and identify carbon reduction opportunities in property repairs, addressing the Association of British Insurers' call for Net Zero targets covering Scopes 1, 2, and 3 by 2025.
Verisk (Nasdaq: VRSK) ha lanciato il primo modello del settore assicurativo britannico certificato dal Carbon Trust per le richieste di risarcimento immobiliari: il Verisk Property Claims Carbon Calculator. Questo strumento innovativo permette alle compagnie di quantificare e ridurre l'impronta di carbonio delle pratiche di sinistro, agevolando la conformità alla rendicontazione delle emissioni di Scope 3.
Il calcolatore, sviluppato con il Carbon Trust, è assicurato in conformità a ISO 14064-3:2019, PAS 2050 e agli standard del GHG Protocol. Integra oltre 2.000 fattori di emissione del settore delle costruzioni e Dichiarazioni Ambientali di Prodotto, insieme ai dati Verisk sui prezzi di riparazione degli edifici e all'intelligence sui sinistri.
La soluzione consente agli assicuratori di monitorare le emissioni a livello di singolo sinistro, confrontare le performance e individuare opportunità di riduzione delle emissioni nelle riparazioni immobiliari, rispondendo alla richiesta dell'Association of British Insurers di obiettivi Net Zero che coprano Scope 1, 2 e 3 entro il 2025.
Verisk (Nasdaq: VRSK) ha lanzado el primer modelo del sector asegurador del Reino Unido verificado por el Carbon Trust para siniestros de propiedad: el Verisk Property Claims Carbon Calculator. Esta herramienta innovadora permite a las aseguradoras medir y reducir la huella de carbono de sus reclamaciones, facilitando el cumplimiento de la información sobre emisiones del Alcance 3.
El calculador, desarrollado con el Carbon Trust, está verificado según ISO 14064-3:2019, PAS 2050 y los estándares del GHG Protocol. Incorpora más de 2.000 factores de emisión del sector de la construcción y Declaraciones Ambientales de Producto, junto con los datos de precios de reparación de edificios y la inteligencia de siniestros de Verisk.
La solución ayuda a las aseguradoras a rastrear las emisiones por siniestro, comparar el rendimiento y detectar oportunidades para reducir carbono en las reparaciones de propiedades, respondiendo al llamado de la Association of British Insurers a objetivos Net Zero que abarquen los Alcances 1, 2 y 3 para 2025.
Verisk (Nasdaq: VRSK)는 영국 보험업계 최초로 Carbon Trust 인증을 받은 자산(부동산) 청구용 모델인 Verisk Property Claims Carbon Calculator을 출시했습니다. 이 혁신적인 도구는 보험사가 청구 건의 탄소발자국을 측정·감축할 수 있도록 지원하여 Scope 3 배출 보고 준수를 돕습니다.
해당 계산기는 Carbon Trust와 공동 개발되었으며 ISO 14064-3:2019, PAS 2050, GHG Protocol 기준에 따라 보증(assured)됩니다. 2,000개 이상의 건설 부문 배출 계수와 환경 제품 선언서(EPD)를 포함하고 있으며, Verisk의 건물 수리 비용 데이터와 청구 인텔리전스를 결합합니다.
이 솔루션을 통해 보험사는 개별 청구 수준에서 배출을 추적하고 성과를 벤치마킹하며 부동산 수리에서 탄소 감축 기회를 식별할 수 있어, Association of British Insurers가 2025년까지 Scope 1, 2, 3을 포함한 Net Zero 목표 설정을 요구한 사항에 부응합니다.
Verisk (Nasdaq: VRSK) a lancé le premier modèle du secteur assurantiel britannique certifié par le Carbon Trust pour les sinistres immobiliers : le Verisk Property Claims Carbon Calculator. Cet outil innovant permet aux assureurs de mesurer et de réduire l'empreinte carbone de leurs dossiers, facilitant la conformité au reporting des émissions de Scope 3.
Le calculateur, développé avec le Carbon Trust, est garanti conforme à ISO 14064-3:2019, PAS 2050 et aux normes du GHG Protocol. Il intègre plus de 2 000 facteurs d'émissions du secteur de la construction et des Déclarations Environnementales Produits, ainsi que les données Verisk sur les coûts de réparation des bâtiments et l'intelligence sur les sinistres.
La solution permet aux assureurs de suivre les émissions au niveau de chaque sinistre, de comparer les performances et d'identifier des opportunités de réduction de carbone lors des réparations immobilières, répondant à l'appel de l'Association of British Insurers en faveur d'objectifs Net Zero couvrant les Scopes 1, 2 et 3 d'ici 2025.
Verisk (Nasdaq: VRSK) hat das erste vom Carbon Trust geprüfte Modell für Gebäudeschäden in der britischen Versicherungsbranche eingeführt: den Verisk Property Claims Carbon Calculator. Dieses innovative Tool ermöglicht es Versicherern, den CO2-Fußabdruck ihrer Schadenfälle zu messen und zu reduzieren und unterstützt so die Berichterstattung zu Scope-3-Emissionen.
Der Rechner, entwickelt zusammen mit dem Carbon Trust, ist gegen ISO 14064-3:2019, PAS 2050 und die Standards des GHG Protocol abgesichert. Er integriert über 2.000 Emissionsfaktoren aus dem Bausektor und Environmental Product Declarations sowie Verisks Daten zu Gebäudereparaturkosten und Schaden-Intelligence.
Die Lösung hilft Versicherern, Emissionen auf Schadenfall-Ebene zu verfolgen, Leistungen zu benchmarken und Kohlendioxid-Reduktionspotenziale bei Gebäudereparaturen zu identifizieren und erfüllt damit den Aufruf der Association of British Insurers zu Net-Zero-Zielen, die Scope 1, 2 und 3 bis 2025 abdecken.
- First-to-market Carbon Trust Assured Model for property claims emissions tracking
- Integration of over 2,000 construction sector emission factors and Environmental Product Declarations
- Tool available as standalone solution to broader market, demonstrating industry leadership
- Addresses growing regulatory and industry demands for Scope 3 emissions reporting
- None.
Insights
Verisk's new carbon calculator for UK property claims fills critical Scope 3 reporting gap, enhancing regulatory compliance and sustainability leadership.
Verisk's launch of the Property Claims Carbon Calculator represents a significant advancement in insurance sustainability technology. As the first Carbon Trust Assured Model for property claims in the UK, this tool addresses a crucial gap in emissions tracking that has long challenged insurers. The technology has been validated against rigorous standards including ISO 14064-3:2019, PAS 2050, and GHG Protocol.
The calculator's value proposition is compelling: it transforms vague carbon footprint estimations into precise, actionable metrics by leveraging over 2,000 construction sector emission factors and Environmental Product Declarations combined with Verisk's proprietary buildings repair pricing data. This enables granular tracking at the individual claim level, allowing for performance benchmarking across suppliers and identification of emission reduction opportunities.
The timing is strategically advantageous as UK insurers face mounting pressure for Scope 3 emissions disclosure in ESG reporting. The Association of British Insurers has established a 2025 deadline for firms to implement Net Zero targets covering all emission scopes. By making this solution available both to existing clients and the broader market, Verisk is positioning itself as an enabler of industry-wide sustainability transformation while potentially expanding its market footprint.
This development aligns with Verisk's broader strategy of integrating climate science and geospatial analytics into its offerings, reinforcing its position as a provider of environmental risk intelligence to the insurance sector.
The Carbon Trust assures Verisk tool delivering industry-first emissions tracking for property claims
London, UK, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading data and analytics provider to the global insurance industry, has announced the launch of the insurance industry’s first Carbon Trust Assured Model for property claims in the UK. The new Verisk Property Claims Carbon Calculator empowers insurers to accurately measure, benchmark and strategise to reduce the carbon footprint for their claims. The innovative new tool supports compliance with Scope 3 emissions reporting and advances sustainability leadership across the sector, and Verisk is making it available to its clients and the broader market.
Developed in collaboration with the Carbon Trust, the calculator is designed to meet the growing demand for transparent, data-driven sustainability solutions in the insurance and property repair ecosystem. The model is assured against ISO 14064-3:2019, PAS 2050, and GHG Protocol standards, and leverages more than 2,000 construction sector emission factors and Environmental Product Declarations (EPDs) from the Carbon Trust, alongside Verisk’s market-leading buildings repair pricing data and claims intelligence.
“Insurers have long struggled to quantify the carbon impact of property claims, particularly Scope 3 emissions,” said Ben Blain, head of property for Verisk Claims UK. “Our new calculator replaces assumptions with assured insight—giving insurers the confidence to act on emissions data, meet compliance targets, and lead the way in sustainable claims management. In the spirit of shared responsibility and progress, we are also making this tool available as a standalone solution—because driving sustainability forward is something we all have a stake in.”
The Verisk Property Claims Carbon Calculator delivers insights through dashboard reporting and retrospective benchmarking. The calculator enables insurers, third party administrators (TPA), managing general agents (MGA), and suppliers or contractors to track emissions at the insurance claim level, benchmark performance across suppliers and time periods, and identify opportunities for carbon reduction when carrying out property repairs.
“We’re proud to partner with Verisk on this pioneering solution,” said Bob Burgoyne, director, The Carbon Trust. “This assured model reflects our shared commitment to accelerating the transition to a low-carbon economy and will help to equip insurers in the UK with the tools they need to meet their sustainability goals.”
In addition to regulatory pressures for Scope 3 emissions in ESG disclosures, The Association of British Insurers (ABI) has called for firms to urgently review their disclosures and have Net Zero targets covering Scopes 1, 2, and 3 by 2025. Verisk’s solution provides a timely and practical response to this challenge.
Verisk is advancing sustainable business practices through data-driven innovation and global risk intelligence. By integrating geospatial analytics and climate science—most recently via a nature risk assessment across its global offices—Verisk is helping clients navigate biodiversity, water stress, and climate transition risks. These insights empower stakeholders to make confident, informed decisions in the face of environmental challenges.
About Verisk
Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, sustainability and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom.
About the Carbon Trust
The Carbon Trust is a global climate consultancy driven by the mission to accelerate the move to a decarbonised future. Climate pioneers for over 20 years, it partners with businesses, governments and financial institutions to drive positive climate action. From strategic planning and target setting to activation and communication - it turns ambition into impact. To date, its 400 experts have helped set 200+ science-based targets and guided 3,000+ organisations and cities across five continents on their route to Net Zero.
Mary Keller Verisk 339-832-7048 mary.keller@verisk.com
FAQ
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