Aflac Way

Aflac Way, an insurance and pension funding services provider headquartered in the US, reported Scope 1 emissions of approximately 2,850,000 kg CO2e for 2024. Scope 2 location-based emissions for the same year were around 7,370,000 kg CO2e. Their Scope 3 emissions in 2024 included approximately 170,963,000 kg CO2e from purchased goods and services, 15,172,000 kg CO2e from capital goods, 11,181,000 kg CO2e from business travel, 6,880,000 kg CO2e from upstream transportation and distribution, 4,742,000 kg CO2e from employee commute, 4,546,000 kg CO2e from upstream leased assets, 4,107,000 kg CO2e from fuel and energy related activities, and 120,000 kg CO2e from waste generated in operations.

For 2023, Aflac Way's Scope 1 emissions were approximately 3,499,000 kg CO2e, and Scope 2 location-based emissions were around 7,562,000 kg CO2e. Scope 3 emissions for 2023 included roughly 170,565,000 kg CO2e from purchased goods and services, 11,069,000 kg CO2e from business travel, 7,038,000 kg CO2e from upstream transportation and distribution, 6,712,000 kg CO2e from capital goods, 5,434,000 kg CO2e from upstream leased assets, 4,336,000 kg CO2e from employee commute, 3,039,000 kg CO2e from fuel and energy related activities, and 208,000 kg CO2e from waste generated in operations.

Aflac Way has committed to several climate initiatives, including achieving carbon neutrality for Scope 1, 2, and 3 (excluding Category 15) by 2040 and reaching net-zero emissions for all scopes, including Category 15, by 2050. They also aim to reduce absolute Scope 1 and 2 emissions by 75% by 2030, using a 2007 baseline. This target covers 100% of Aflac U.S. and Aflac Japan Scope 1 emissions and 100% of Aflac U.S. and Aflac Japan Scope 2 market-based emissions. As of 2022, this represents a 93.6% reduction from the 2007 base-year emissions.