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 47 is higher than 95% 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 Scope 3 emissions included significant contributions from purchased goods and services, which accounted for about 373,735,000 kg CO2e. AIG has made substantial climate commitments, pledging to achieve net zero greenhouse gas (GHG) emissions across its operations, underwriting, and investment portfolios by 2050 or sooner. This long-term target reflects AIG's dedication to addressing climate change and reducing its overall carbon footprint. The company aims to implement strategies that encompass all scopes of emissions, demonstrating a comprehensive approach to sustainability. In previous years, AIG's emissions were notably higher, with total emissions of approximately 517,033,000 kg CO2e in 2021 and 786,560,000 kg CO2e in 2020. The company has shown a commitment to reducing its emissions over time, aligning with industry standards for climate action.
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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.
