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.
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.
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.
Aig's score of 38 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, AIG reported total carbon emissions of approximately 397,466,000 kg CO2e. This figure includes 6,948,000 kg CO2e from Scope 1 emissions, 30,757,000 kg CO2e from Scope 2 emissions, and 397,466,000 kg CO2e from Scope 3 emissions, which encompasses significant contributions from purchased goods and services (373,735,000 kg CO2e) and business travel (16,862,000 kg CO2e). In the previous years, AIG's emissions have shown fluctuations. In 2022, total emissions were about 399,968,000 kg CO2e, with Scope 1 at 7,385,000 kg CO2e and Scope 2 at 37,142,000 kg CO2e. The trend continued with 2021 emissions at approximately 517,033,000 kg CO2e, where Scope 1 and 2 combined accounted for 90,337,000 kg CO2e. Despite these figures, AIG has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within a challenging industry context, where significant emissions are often associated with operational and supply chain activities. Overall, AIG's emissions data highlights the need for ongoing assessment and potential strategies to address their carbon footprint effectively.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 |
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 committed to some 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.