Climate Change Data

Greenlight Reinsurance Ireland, Designated Activity Company

Climate Impact & Sustainability Data (2021, 2022, 2023)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Governance
  • Diversity, Equity and Inclusion
  • Community
  • Environmental

Environmental Achievements

  • Reduced printing, leveraged cloud applications and third-party hosting to reduce datacenter processing

Social Achievements

  • Offered comprehensive benefits plans and personal and professional wellness tools, including premium healthcare benefits, a flexible work policy and company-sponsored access to professional development and training seminars
  • Granted scholarships to 16 eligible Caymanian students in 2021
  • Maintained a Charity Committee since 2006, supporting environmental, youth and sports, arts and culture, and benevolence causes.
  • Company matches employee contributions to non-profit organizations

Governance Achievements

  • Maintained a Code of Ethics of Business Conduct and Ethics
  • Implemented insider trading policy, share ownership and retention policy, conflicts and related party policies, and corporate governance guidelines

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance
  • Sustainability

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Climate Change

Climate Goals & Targets

Environmental Challenges

  • Elevated levels of cat activity and unusual weather events in recent years.
  • Global inflation rates remain elevated.
  • Exposure to the Russia Ukraine conflict and the Israel Palestine conflict.
Mitigation Strategies
  • Closely monitoring cat activity and amending its appetite for natural catastrophe business to reflect market conditions and climate change developments.
  • The non-renewal of the FAL book significantly reduces the Company’s exposure to climate change.
  • Including in the loss and loss adjustment reserves its best estimate of losses arising from the conflicts.
  • The Company’s underwriting book is skewed towards shorter tail classes and therefore the impact of inflation should be less pronounced.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • weather patterns and loss events

Reporting Standards

Frameworks Used: FRS 102, FRS 103

Third-party Assurance: Deloitte Ireland LLP