Liberty Mutual Insurance, a prominent player in the insurance industry, is headquartered in the United States and operates extensively across North America and beyond. Founded in 1912, the company has achieved significant milestones, including its expansion into various insurance sectors and the development of innovative products tailored to meet diverse customer needs. Specialising in personal and commercial insurance, Liberty Mutual offers a range of core services, including auto, home, and life insurance, as well as specialised coverage for businesses. What sets them apart is their commitment to customer-centric solutions and flexible policy options that cater to individual circumstances. With a strong market position, Liberty Mutual is recognised for its financial strength and reliability, consistently ranking among the top insurers in the nation. Their dedication to providing comprehensive coverage and exceptional service has solidified their reputation as a trusted choice for millions of policyholders.
How does Liberty Mutual Insurance's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Liberty Mutual Insurance's score of 33 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Liberty Mutual Insurance reported total carbon emissions of approximately 66,636,000 kg CO2e, comprising 30,162,000 kg CO2e from Scope 1, 31,731,000 kg CO2e from Scope 2 (market-based), and 46,240,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, particularly in the US market. The company has shown a significant reduction in Scope 3 emissions, decreasing from approximately 31,414,000 kg CO2e in 2019 to about 10,717,000 kg CO2e in 2020. However, there are no specific reduction targets or initiatives disclosed in their current climate commitments, indicating a potential area for future focus. Liberty Mutual's emissions data highlights the importance of addressing both direct and indirect emissions as part of their climate strategy. The absence of formal reduction targets suggests that while the company is actively monitoring its emissions, it may need to establish clearer goals to align with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 36,857,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 90,353,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Liberty Mutual Insurance is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.