Arthur J Gallagher And Co

Arthur J. Gallagher & Co., headquartered in the US and operating within the insurance and pension funding services sector, has reported its carbon emissions and climate commitments across several years.

For the 2024 reporting year, the company reported Scope 1 emissions of approximately 9.3 million kg CO2e and Scope 2 market-based emissions of about 42.2 million kg CO2e. Scope 3 emissions for the same period were approximately 195.7 million kg CO2e. The total combined emissions (Scope 1, 2, and 3) for 2024 were approximately 247.5 million kg CO2e.

In 2023, Arthur J. Gallagher & Co. recorded Scope 1 emissions of approximately 8.5 million kg CO2e, Scope 2 market-based emissions of about 38.9 million kg CO2e, and Scope 3 emissions of approximately 177.1 million kg CO2e. Their total combined emissions in 2023 amounted to approximately 224.5 million kg CO2e.

Looking at earlier years, emissions data includes:

• 2022: Total emissions were approximately 102.3 million kg CO2e, with Scope 1 at approximately 2.2 million kg CO2e, Scope 2 (location-based) at about 38.5 million kg CO2e, and Scope 3 at approximately 61.7 million kg CO2e.
• 2021: Total emissions were approximately 78.1 million kg CO2e, comprising Scope 1 at about 2.0 million kg CO2e, Scope 2 (location-based) at approximately 39.5 million kg CO2e, and Scope 3 at around 36.6 million kg CO2e.
• 2020: Total emissions stood at approximately 78.7 million kg CO2e, with Scope 1 at about 1.7 million kg CO2e, Scope 2 (location-based) at approximately 40.9 million kg CO2e, and Scope 3 at approximately 36.2 million kg CO2e.
• 2019: Scope 1 emissions were approximately 6.3 million kg CO2e, Scope 2 market-based emissions were about 43.8 million kg CO2e, and Scope 3 emissions were approximately 148.2 million kg CO2e.

Arthur J. Gallagher & Co. has established several climate-related targets. The company has set a goal of net zero carbon emissions in its direct operations (Scope 1 and Scope 2) by 2050. Additionally, an interim goal has been set to reduce consolidated Scope 1 and Scope 2 CO2e emissions on an average per-employee basis by 50% by 2030, from a 2023 baseline. There is also a reported target for a 50% absolute reduction in Scope 1 emissions by 2030 from a 2019 baseline, and a 100% absolute reduction in Scope 2 (market-based) electricity emissions by the end of 2025, also from a 2019 baseline. Further, the company aims for full decarbonisation of Scopes 1, 2, and 3 by 2050 from a 2019 baseline. The company's climate commitments are not cascaded from a parent organisation.