How ethical and sustainable is Budget Insurance?
The Good Shopping Guide’s Ethical Insurance Ratings Table includes Budget Insurance, which receives an acceptable score in the ratings.
The Good Shopping Guide to Ethical Insurance Companies has more information on the importance of ethical insurance. Then, in our Ethical Insurance Rating Table, compare it to other insurance providers to see how insurance brands rank for the ethical issues you care most about.
What does Budget Insurance do?
Budget Insurance offers a range of insurance policies including home insurance and car insurance. It is a UK insurance intermediary owned by Markerstudy Group.
In what areas does Budget Insurance score well for its ethics?
The brand received no criticisms for Environmental Destruction, Irresponsible Lending and has not been found to have made any Political Donations. Therefore, Budget Insurance receives a high rating for all of these areas.
How can Budget Insurance improve its ethical rating?
If Markerstudy improved its Enviromental Report (which currently only receives a middle rating) to include more specific goals and targets, Budget Insurance could improve its Good Shopping Guide Ethical Rating. Budget Insurance could apply for Ethical Accreditation to receive more specific advice on how to develop and strive to be one of the best, and most ethical insurance companies.
The Good Shopping Guide divides a brand’s Ethical Rating into three categories: the Environment, People, and Animals. Find more on how we rate brand for their ethics here.
If you work for or with an insurance company that prioritises ethics or is looking for ways to improve your sustainability and CSR initiatives, why not look into The Good Shopping Guide’s Ethical Accreditation? This certification of sustainability and ethics has benefited insurance providers including Aviva and ETA. Contact us to learn more, or complete our short form for an initial evaluation.
Ethical performance in category
GSG score
GSG category benchmark
Ethical Rating
Environment
-
Environmental Report
Acceptable
-
Environmental Destruction
Good
-
Carbon Disclosure & Reduction Targets
Good
People
-
Irresponsible Lending
Good
-
Political Donations
Good
Other
-
Ethical Accreditation
Poor
-
Responsible Investment Policy
Good
-
Other Criticisms
Acceptable
= GSG Top Rating = GSG Middle Rating = GSG Bottom Rating