American Family Mutual Insurance Company, S.I. Sustainability Profile
American Family Mutual Insurance Company, S.I., 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 various operational regions, particularly in the Midwest and Western United States. Specialising in a diverse range of insurance products, including auto, home, and life insurance, American Family Insurance is recognised for its customer-centric approach and innovative offerings. The company has achieved notable milestones, such as expanding its services to include business insurance and investment products, which sets it apart in a competitive market. With a commitment to protecting the dreams of its customers, American Family Insurance has garnered a solid market position, earning accolades for its financial strength and customer satisfaction.
DitchCarbon Score
How does American Family Mutual Insurance Company, S.I.'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 Mutual Insurance Company, S.I.'s score of 29 is lower than 54% 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 Mutual Insurance Company, S.I.'s reported carbon emissions
In 2019, American Family Mutual Insurance Company, S.I. reported total carbon emissions of approximately 46,436,000 kg CO2e. This figure includes Scope 1 emissions of about 9,974,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions totalling approximately 32,238,000 kg CO2e. Additionally, the company recorded Scope 3 emissions of around 4,224,000 kg CO2e, attributed to business travel. American Family has set ambitious reduction targets, aiming to decrease its Scope 1 emissions by 30% from 2020 levels by 2030. Furthermore, the company plans to reduce its Scope 2 emissions by the same percentage within the same timeframe. Notably, they aspire to bring Scope 1 and Scope 2 emissions close to zero by the middle of this decade, specifically targeting 2025. This emissions data is cascaded from the corporate family structure, with American Family Mutual Insurance Company, S.I. being a current subsidiary. The company is committed to aligning its climate initiatives with industry standards, reflecting a proactive approach to sustainability and climate responsibility.
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| 2019 | |
|---|---|
| Scope 1 | 9,974,000 |
| Scope 2 | 32,238,000 |
| Scope 3 | 4,224,000 |
How Carbon Intensive is American Family Mutual Insurance Company, S.I.'s Industry?
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American Family Mutual Insurance Company, S.I.'s Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 9% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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American Family Mutual Insurance Company, S.I.'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 Mutual Insurance Company, S.I. 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.
