Aflac Way

Aflac Way's reported carbon emissions

Aflac Way, headquartered in the US, has outlined significant carbon emissions reduction targets and has reported its emissions data for recent years. For the reporting year 2024, Aflac Way reported total global emissions of approximately 221,924,000 kg CO2e. This total encompasses Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 2,850,000 kg CO2e. Scope 2 emissions, using a location-based approach, were approximately 7,370,000 kg CO2e, with zero market-based Scope 2 emissions reported. The majority of their reported emissions in 2024 came from Scope 3, with purchased goods and services accounting for approximately 170,963,000 kg CO2e. In 2023, global emissions were approximately 231,500,000 kg CO2e, with Scope 1 at about 3,499,000 kg CO2e and location-based Scope 2 at approximately 7,562,000 kg CO2e. Scope 3 emissions, particularly purchased goods and services, were around 170,565,000 kg CO2e. Aflac Way is committed to ambitious climate goals. They aim to reduce absolute Scope 1 and 2 emissions by 75% by 2030, using a 2007 baseline. Furthermore, the company has set a long-term goal to reach net-zero emissions by 2050, which includes financed emissions (Scope 3, Category 15). They also aim to become carbon neutral for Scopes 1, 2, and 3 (excluding Category 15) by 2040. Their reporting indicates a 93.6% reduction in Scope 1 and Scope 2 market-based emissions from the 2007 baseline to 2022, based on 2030 targets.