Enstar Group Limited.
ESGR.US | Reinsurance
Enstar Group Limited is a global insurance group that acquires and manages insurance and reinsurance companies and portfolios. The company specializes in the acquisition and management of companies and portfolios in run-off, which means they no longer actively write new insurance policies. Enstar ge...Show More
Better Health for All
0
No evidence available to assess Enstar Group Limited on Better Health for All.
Fair Money & Economic Opportunity
0
No evidence available to assess Enstar Group Limited on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
30
For the 2023 fiscal year, the CEO-to-median employee pay ratio was 62:1, based on a CEO compensation of $7,492,326 and median employee pay of $121,735.
1
Employee surveys in 2024 indicated high levels of engagement and satisfaction, with 92% of employees feeling treated fairly, 89% comfortable speaking up, 84% believing leaders' perspectives are included, and 79% feeling their ideas are included in decision-making.
2
Fair Trade & Ethical Sourcing
0
Enstar Group Limited operates as an insurance group, specializing in the acquisition and management of insurance and reinsurance companies. Due to its business model, the company does not procure or trade physical commodities, nor does it have a traditional supply chain that would require fair-trade certifications, sourcing audits, or traceability of materials. Consequently, KPIs related to fair trade certification share, audit frequency, forced/child labor incidents, traceability coverage, remediation speed for sourcing violations, ethical clause coverage in supplier contracts, and materials risk index are not applicable to its operations.
1
No quantitative data regarding the percentage of procurement budget directed to indigenous, minority, or local community suppliers was provided, leading to the omission of the supplier diversity spend KPI.
2
Honest & Fair Business
0
No evidence available to assess Enstar Group Limited on Honest & Fair Business.
Kind to Animals
0
No evidence available to assess Enstar Group Limited on Kind to Animals.
No War, No Weapons
0
The provided articles explicitly state that 'No data on revenue from arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investment, conflict divestment policy, board oversight of defense, export end-user certificates, lobbying opposing arms control, procurement humanitarian compliance, human-rights due diligence, ATT compliance declarations, AI military safeguards, UNGP alignment, dual-use screening, surveillance transparency, ethical red lines, zero exposure to controversial weapons, war-risk audits, annual conflict partner reviews, defense divestment, conflict minerals, peace tech investment ratio, or conflict zone procurement is provided.'
1
Therefore, no specific, concrete data points are available to score any of the KPIs relevant to the 'No War, No Weapons' ethical value. While the company's core business as an insurance and reinsurance group specializing in run-off management suggests a low likelihood of involvement in these areas, the absence of explicit evidence means all KPIs must be omitted.
Planet-Friendly Business
-40
Enstar Group Limited reported total Scope 1, 2, and 3 greenhouse gas emissions of 14,308.24 tCO₂e in 2023, an increase of 20.10% from 11,913.18 tCO₂e in 2022.
1
The company has not mentioned any SBTi-validated targets, though near-term operational GHG emissions targets for 5-10 years were planned for 2023.
2
A Net Zero commitment and strategy is planned for the future, contingent on the launch of the SBTi Financial Net Zero Standard for Financial Institutions, indicating a target year beyond 2050.
3
The company has fully adopted TCFD recommendations, with climate scenario analysis peer-reviewed.
4
It conducts comprehensive climate scenario analysis, including 1.5°C, 2°C, and 3°C pathways, with strategic planning explicitly linked to scenarios and good disclosure in annual reports.
5
Respect for Cultures & Communities
0
The provided articles do not contain specific, quantifiable evidence to assess Enstar Group Limited against the defined KPIs for 'Respect for Cultures & Communities'. The reports explicitly state a lack of information or do not provide data for formal partnerships with indigenous or local community groups, revenue reinvested in local community development, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, community grievance mechanisms, FPIC participation rates, community governance inclusion, cultural preservation investment, local procurement share, indigenous supplier count, cultural site protection, social license to operate, charitable giving to cultural heritage organizations, community fund allocation, language inclusivity, cultural incident response, or cultural sensitivity training completion.
1
Safe & Smart Tech
-30
Enstar Group experienced a data breach between May 29-31, 2023, due to a vulnerability in the MOVEit file-transfer software.
1
The breach affected over 64,000 individuals, compromising sensitive data including names, Social Security numbers, driver's license numbers, financial account information, medical information, health insurance details, email addresses, and passwords.
2
The vulnerability was discovered on May 31, 2023, the investigation was completed on October 21, 2023, and initial notifications were sent on November 20, 2023, with final notifications mailed on May 3, 2024.
3
In response, the company installed software updates, engaged cybersecurity experts and third-party forensic specialists, and reported the incident to law enforcement.
4
Zero Waste & Sustainable Products
-50
Enstar Group has implemented numerous waste reduction initiatives, including providing recycling bins in offices, removing desk bins, using electronic signatures, implementing follow-me-printing, encouraging reusable water bottles, using recycled materials in kitchens, and shredding confidential waste.
1
They also have recycling initiatives for glass, batteries, and CO2 cylinders, and measures to reduce standby power consumption.
2
The company has taken actions to reduce single-use plastics by removing plastic straws, stirrers, and water bottles, and encouraging reusable water bottles.
3
Confidential waste is shredded and collected biweekly.
4
Enstar mentions setting near-term operational GHG emissions targets for the next 5-10 years, but no specific waste reduction targets.
5
Their Vendor Code of Conduct includes expectations for vendors to adopt appropriate standards and strategies to minimize environmental impact.
6