Sedgwick quantifies carbon cost of property repairs

Claims management and loss adjusting firm Sedgwick has calculated that an average of 1kg of CO²e is produced for every £7.80 spent on domestic building repairs. It said the average insurance claim for domestic building repairs is £8,000, equating to a carbon cost of 1,496.6 kg CO2e.

Figures from the Association of British Insurers estimate that insurers paid out £2.55bn on home insurance claims in 2023. Sedgwick calculated that this equates to carbon emissions of approximately 326,504 T CO2e.

Neil Gibson, CEO of Sedgwick in the UK, said: “Our high-performing carbon value calculator is an in-house proprietary innovation that showcases our commitment to leading and promoting sustainable claims management practices.

“The calculator's day-to-day application provides clients with the support they need to document carbon emission savings at no additional cost. We are currently working with several clients to provide data that can help set baselines for carbon emissions in both commercial and domestic property repairs.”


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