How ethical is Diamond?
Diamond is an insurance company which has achieved an acceptable score on The Good Shopping Guide’s Ethical Insurance Ratings Table but Ethical Accreditation has not yet been achieved. This is important because it provides additional evidence on the company’s wider ethical, sustainable, and social policies and records.
Read more about the issues facing the Ethical Insurance sector and find out which companies have achieved accreditation for their commitment to being ethical and sustainable.
What does Diamond do?
Diamond is a car insurance provider aimed specifically at female drivers. Parent company Admiral Group UK started in 1991 as a division of the Brockbank Group before being purchased by Barclays Private Equity in 1999 and floated on the London Stock Exchange in 2004.
In which areas does Diamond perform well?
Diamond receives a top rating in the Environmental Destruction and Irresponsible Lending categories, as Diamond’s parent company, Admiral, was not found to have any negative records in these areas.
The above benchmark score that Diamond is awarded on The Good Shopping Guide’s Ethical Insurance Ratings Table is the result of an evaluation of multiple ethical criteria. Find out more about how we rate.
What can Diamond do to improve its ethical score?
Diamond only received a middle rating for the Environmental Report category, as Admiral’s Sustainability Report does not have sufficient targets to reflect the company’s commitment to improving its environmental record.
If it applies for Ethical Accreditation, The Good Shopping Guide would be able to offer some guidance on this to enable Diamond to improve its score. If successful in its application, Diamond would join the certified ethical brands leading the way in progressive and sustainable practices and be permitted to display The Good Shopping Guide’s Ethical Mark in its communications.
If you’re interested in learning more about achieving Ethical Accreditation for your brand, please contact us or complete a Free Initial Assessment form.
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
Poor
-
Other Criticisms
Good
= GSG Top Rating = GSG Middle Rating = GSG Bottom Rating