Aig Sustainability Profile
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 75 is higher than 85% 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 2024, AIG reported total carbon emissions of approximately 208,000,000 kg CO2e, comprising 8,258,000 kg CO2e from Scope 1, 28,024,000 kg CO2e from Scope 2 (market-based), and 192,143,000 kg CO2e from Scope 3 emissions. This reflects a slight decrease in Scope 3 emissions compared to 2023, where total emissions were about 247,680,000 kg CO2e, with Scope 1 at 8,364,000 kg CO2e and Scope 2 at 28,131,000 kg CO2e (market-based). AIG has set ambitious climate commitments, aiming to achieve net zero greenhouse gas emissions across its operations by 2050 or sooner. Additionally, the company is committed to sourcing 100% renewable energy for its operations by 2030. AIG has also pledged a 50% reduction in operational print by 2023 and a 90% reduction by 2025 from 2019 levels, demonstrating a proactive approach to reducing Scope 1 emissions. Historically, AIG has exceeded its targets, such as reducing Scope 1 and 2 emissions by 69% in the UK by 2020, surpassing its 20% reduction goal. The company continues to focus on enhancing its sustainability practices and reducing its overall carbon footprint in alignment with industry standards.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 17,121,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 93,781,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 419,169,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Aig's Industry?
How Carbon Intensive is Aig's Location?
Aig's Scope 3 Categories Breakdown
Aig's Scope 3 emissions, which decreased by 22% last year and decreased by approximately 54% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 79% of Scope 3 emissions.
Top Scope 3 Categories
Aig'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.
Aig 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.
