Verisk Recognized by USA TODAY as One of America’s Climate Leaders 2023
01 June 2023 - 11:00PM
Verisk (Nasdaq: VRSK), a leading global data analytics and
technology provider, has been named one of America’s Climate
Leaders by USA TODAY and Statista. The inaugural list recognizes
the leading U.S. companies that have achieved the greatest
reduction in emissions intensity between 2019 and 2021.
Verisk exceeded its target to reduce absolute Scope 1 and 2
emissions 21% by 2024, compared to a 2019 baseline. This progress
was a result of the company’s long-term strategy to increase data
processing efficiency and aggressive efforts to consolidate
business operations into more modern, energy-efficient
facilities.
Scope 1 emissions are caused by company-owned and controlled
resources. Scope 2 are indirect emissions from the generation of
purchased energy.
“Recognition such as America’s Climate Leaders list serves as a
useful barometer of our progress,” said Patrick McLaughlin,
Verisk’s Chief Sustainability Officer. “But reducing emissions is
only half of Verisk’s story. We’re uniquely positioned to help
clients and other stakeholders address the impacts of climate and
weather challenges -- by providing leading-edge global and
individual risk assessment indices, extreme event models and event
response and claims management tools.”
To create the America’s Climate Leaders list, Statista evaluated
2,000 companies’ effectiveness in reducing their core emissions
intensity, defined as Scope 1 and 2 greenhouse gas emissions in
relation to revenue. The evaluation process considered emission
intensity, annualized reductions in emission intensity, carbon
disclosure rating and Scope 1 and 2 emissions. The ranking is meant
to give consumers and investors a sense of a company’s trajectory
along an increasingly important metric of success.
Verisk has also been recognized by Investor’s Business Daily,
ranking third on the 100 Best ESG Companies list. The list
celebrates companies with superior Environmental, Social and
Governance (ESG) ratings combined with strong fundamental and
technical stock performance.
Learn more about Verisk’s sustainability initiatives in its
Corporate Social Responsibility Report.
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, ESG 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.
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Media Contact:
Ali Herbert
Verisk
201-469-3998
ali.herbert@verisk.com
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