American Family Insurance Mutual Holding Company Sustainability Profile
American Family Insurance Mutual Holding Company, commonly known as American Family Insurance, is a prominent player in the insurance industry, headquartered in the United States. Founded in 1927, the company has established a strong presence across major operational regions, including the Midwest and Western United States. Specialising in a diverse range of insurance products, American Family offers auto, home, life, and business insurance, distinguished by its customer-centric approach and innovative coverage options. The company has achieved notable milestones, including recognition for its commitment to community support and customer service excellence. With a solid market position, American Family Insurance continues to be a trusted choice for millions, reflecting its dedication to providing tailored insurance solutions that meet the evolving needs of its clients.
DitchCarbon Score
How does American Family Insurance Mutual Holding Company'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
American Family Insurance Mutual Holding Company's score of 39 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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American Family Insurance Mutual Holding Company's reported carbon emissions
In 2023, American Family Insurance Mutual Holding Company reported total carbon emissions of approximately 35,626,000 kg CO2e, comprising Scope 1 emissions of about 12,722,000 kg CO2e, Scope 2 emissions of about 22,904,000 kg CO2e, and Scope 3 emissions of approximately 105,460,000 kg CO2e. The Scope 1 emissions included mobile combustion at about 6,132,000 kg CO2e and stationary combustion at around 6,589,000 kg CO2e. Comparatively, in 2022, the company recorded total emissions of about 39,228,000 kg CO2e, with Scope 1 emissions at approximately 13,800,000 kg CO2e and Scope 2 emissions at about 25,429,000 kg CO2e. The Scope 3 emissions for 2022 were approximately 104,224,000 kg CO2e. Despite these figures, American Family Insurance Mutual Holding Company has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The emissions data is cascaded from the parent organization, American Family Insurance Mutual Holding Company, reflecting their current subsidiary status. Overall, while the company has made strides in reporting its emissions, the absence of defined reduction initiatives suggests a need for enhanced climate action strategies moving forward.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 13,800,000 | 00,000,000 |
| Scope 2 | 25,429,000 | 00,000,000 |
| Scope 3 | 134,577,000 | 000,000,000 |
How Carbon Intensive is American Family Insurance Mutual Holding Company's Industry?
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American Family Insurance Mutual Holding Company's Scope 3 Categories Breakdown
American Family Insurance Mutual Holding Company's Scope 3 emissions, which increased by 18% last year and increased by approximately 18% since 2022, 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.
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American Family Insurance Mutual Holding Company'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.
American Family Insurance Mutual Holding Company 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.
