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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.
+2 vs industry average
Allstate’s score of 41 is higher than 54% 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 insurance and pension funding services provider, reported a total of approximately 2.78 billion kg CO2e in emissions for the year 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.
For Scope 1 emissions in 2023, Allstate's reported total was approximately 29.3 million kg CO2e. Scope 2 emissions, using the market-based approach, were approximately 33.6 million kg CO2e, while location-based Scope 2 emissions were approximately 43.9 million kg CO2e.
Scope 3 emissions were substantial, driven primarily by purchased goods and services, which accounted for approximately 2.46 billion kg CO2e in 2023. Business travel contributed approximately 40.6 million kg CO2e, and employee commuting added approximately 26.5 million kg CO2e to the Scope 3 total.
Allstate has set a commitment to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions by 2030. The company also previously had a goal to reduce emissions from owned and leased buildings by 50% from a 2019 baseline by 2024, targeting Scope 1 and Scope 2 emissions. Additionally, Allstate set a goal in 2010 to achieve a 20% absolute energy-use reduction within its owned portfolio against a 2007 baseline by 2020, covering Scope 1 and Scope 2 emissions.
The emissions data and reduction targets are sourced directly from Allstate Corporation and are not cascaded from a parent organisation.
Access structured emission data, company specific factors and auditable source documents
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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