Aflac Way Sustainability Profile
Aflac Incorporated, commonly known as Aflac, is a leading provider of supplemental insurance in the United States, with its headquarters located in Columbus, Georgia. Founded in 1955, Aflac has established itself as a pioneer in the insurance industry, particularly known for its innovative accident and health insurance products. The company primarily focuses on providing financial protection through policies that cover unexpected medical expenses, offering unique features such as cash benefits directly to policyholders. Aflac's commitment to customer service and its strong market presence have earned it a notable position, consistently ranking among the top supplemental insurers in the nation. With a reputation for reliability and a robust portfolio of services, Aflac continues to support millions of Americans in navigating their healthcare costs.
DitchCarbon Score
How does Aflac Way'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
Aflac Way's score of 42 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aflac Way's reported carbon emissions
In 2023, Aflac's total carbon emissions amounted to approximately 218,000,000 kg CO2e globally, with significant contributions from Scope 3 emissions, which totalled about 208,401,000 kg CO2e. The company's Scope 1 emissions were around 3,499,000 kg CO2e, while Scope 2 emissions (location-based) reached approximately 7,562,000 kg CO2e. In the US, Aflac reported Scope 1 emissions of about 3,494,000 kg CO2e and Scope 2 emissions of approximately 5,705,000 kg CO2e. Aflac has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 emissions by 75% by 2030 from a 2007 baseline. This target includes a commitment to achieve carbon neutrality by 2040 and net-zero emissions by 2050. Notably, the company has already achieved a 93.6% reduction in its Scope 1 and 2 emissions from the 2007 baseline, with total emissions in 2022 reported at approximately 2,633,000 kg CO2e. These initiatives reflect Aflac's dedication to sustainability and responsible environmental stewardship, aligning with industry standards and climate action goals.
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| 2007 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 7,683,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 33,523,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - |
| Scope 3 | - | - | - | - | - | 000,000,000 | - | 000,000,000 |
How Carbon Intensive is Aflac Way's Industry?
How Carbon Intensive is Aflac Way's Location?
Aflac Way's Scope 3 Categories Breakdown
Aflac Way's Scope 3 emissions, which decreased by 4% last year and decreased by approximately 4% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 82% of Scope 3 emissions.
Top Scope 3 Categories
Aflac Way's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Aflac Way has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
