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Allstate Corporation, commonly known as Allstate, is a leading provider of insurance and pension funding services based in the United States. Founded in 1931, the company has established itself as a key player in the insurance industry, offering a wide range of products including auto, home, and life insurance, as well as retirement and investment solutions.
Headquartered in Northfield Township, Illinois, Allstate operates extensively across the US, serving millions of customers with tailored insurance solutions that prioritise customer satisfaction and financial security. Notable for its innovative approach, Allstate has achieved significant milestones, including the introduction of the Drivewise programme, which rewards safe driving habits. With a strong market position, Allstate continues to be recognised for its commitment to quality service and community involvement, making it a trusted name in the insurance sector.
+12 vs industry average
Allstate’s score of 51 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Insurance Services is among the least carbon-intensive industries
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Allstate, a US-based company in the insurance and pension funding services industry, reported total Scope 1, 2, and 3 emissions of approximately 2,593,296,000 kg CO2e in 2023. This figure is based on data disclosed by The Allstate Corporation.
In 2023, Allstate's Scope 1 emissions were about 29,315,000 kg CO2e. Their Scope 2 emissions (market-based) were approximately 33,615,000 kg CO2e, while location-based Scope 2 emissions were around 43,935,000 kg CO2e. Scope 3 emissions for 2023 totalled approximately 2,530,366,000 kg CO2e, with significant contributors including purchased goods and services (about 2,456,745,000 kg CO2e) and business travel (about 40,579,000 kg CO2e).
Looking back, Allstate's total Scope 1, 2, and 3 emissions were approximately 562,075,000 kg CO2e in 2022, approximately 507,678,000 kg CO2e in 2021, and approximately 508,187,000 kg CO2e in 2020. In 2019, the reported total Scope 1, 2, and 3 emissions were approximately 124,370,000 kg CO2e.
Allstate has set several climate commitments:
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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