Aig
American International Group, Inc. (AIG) is a leading global insurance organisation headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1919, AIG has established itself as a key player in the insurance and financial services industry, offering a diverse range of products and services, including property and casualty insurance, life insurance, and retirement solutions. AIG is renowned for its innovative risk management solutions and commitment to customer service, which have positioned it as a trusted partner for individuals and businesses alike. The company has achieved notable milestones, including its recovery and growth following the financial crisis of 2008, reinforcing its resilience and market leadership. With a strong focus on sustainability and digital transformation, AIG continues to adapt to the evolving needs of its clients in an increasingly complex global landscape.
DitchCarbon Score
How does Aig'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.
Industry Average
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.
Industry Benchmark
Aig's score of 58 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aig's reported carbon emissions
In 2023, AIG reported total carbon emissions of approximately 397,437,000 kg CO2e, with emissions distributed across various scopes: 7,389,000 kg CO2e (Scope 1), 26,334,000 kg CO2e (Scope 2), and 397,437,000 kg CO2e (Scope 3). The company has made significant commitments to reduce its carbon footprint, aiming for net-zero greenhouse gas emissions across its operations by 2050 or sooner. AIG has also set a target to source 100% renewable energy for its operations by 2030. In previous years, AIG demonstrated a proactive approach to emissions reduction. For instance, in 2019, the total emissions were about 155,598,000 kg CO2e, which included 17,121,000 kg CO2e (Scope 1), 93,781,000 kg CO2e (Scope 2), and 419,169,000 kg CO2e (Scope 3). The company exceeded its UK Carbon Reduction Commitment by achieving a 69% reduction in Scope 1 and 2 emissions from a 2010 baseline by the end of 2019. AIG's near-term goals include a 50% reduction in operational print by 2023 and a 90% reduction by 2025 from 2019 levels. These initiatives reflect AIG's commitment to sustainability and its strategic focus on reducing its environmental impact while enhancing operational efficiency.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 17,121,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 93,781,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 419,169,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Aig is not participating in any of the initiatives that 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.
