Chubb
Chubb Limited, commonly referred to as Chubb, is a leading global provider of property and casualty insurance, headquartered in the United States. Established in 1882, Chubb has grown to become one of the largest publicly traded property and casualty insurers, with a strong presence in North America, Europe, and Asia-Pacific. The company offers a diverse range of insurance products, including commercial and personal lines, specialty insurance, and reinsurance. Chubb is renowned for its exceptional underwriting expertise and customer service, setting it apart in a competitive market. With a commitment to innovation and risk management, Chubb has achieved notable milestones, including its acquisition of ACE Limited in 2016, which significantly expanded its global footprint. Today, Chubb stands as a trusted name in the insurance industry, recognised for its financial strength and comprehensive coverage solutions.
DitchCarbon Score
How does Chubb'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
Chubb's score of 37 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chubb's reported carbon emissions
In 2023, Chubb reported total carbon emissions of approximately 23,017 tonnes CO2e for Scope 1, 8,530 tonnes CO2e for Scope 2 (market-based), and 18,811 tonnes CO2e for Scope 3 emissions related to business travel. This reflects a commitment to transparency in their greenhouse gas (GHG) inventory, which encompasses Scope 1, Scope 2, and selected categories of Scope 3 emissions. Chubb has set an ambitious target to reduce its Scope 1 and Scope 2 emissions by 40% by 2025, a goal established in 2019. This commitment aligns with their broader objective to support the global aim of achieving net-zero carbon emissions by 2050. The company is actively working towards this target, recognising its responsibility in the transition to a net-zero carbon economy. Overall, Chubb's emissions data and reduction initiatives demonstrate a proactive approach to climate action, reflecting industry-standard practices in sustainability and environmental responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 5,202,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Chubb is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
