Canal Insurance Company, headquartered in the United States, has been a prominent player in the insurance industry since its establishment in 1939. With a strong focus on commercial auto insurance, the company serves a diverse range of clients across major operational regions, including the Southeast and Midwest. Specialising in coverage for trucking and transportation businesses, Canal Insurance distinguishes itself through tailored solutions that address the unique risks faced by its customers. Over the years, the company has achieved significant milestones, solidifying its market position as a trusted provider in the sector. With a commitment to exceptional service and innovative products, Canal Insurance Company continues to uphold its reputation for reliability and expertise in the insurance landscape.
How does Canal Insurance 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.
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.
Canal Insurance Company's score of 23 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Canal Insurance Company, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As a current subsidiary, Canal Insurance Company may inherit climate-related commitments and data from its parent organisation, but specific details regarding these cascaded initiatives are not available. Without concrete emissions data or reduction targets, it is challenging to assess the company's climate impact or commitments within the broader insurance industry context. In summary, Canal Insurance Company has not disclosed any emissions data or climate commitments, reflecting a potential area for future development in sustainability practices.
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.
Canal Insurance 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.
