Chubb Limited, commonly referred to as Chubb, is a leading global provider of insurance and reinsurance solutions, headquartered in the United States. Established in 1882, Chubb has grown to become one of the largest publicly traded property and casualty insurance companies in the world, with significant operations across North America, Europe, Asia-Pacific, and Latin America. Chubb offers a diverse range of products and services, including commercial and personal insurance, accident and health coverage, and reinsurance. What sets Chubb apart is its commitment to exceptional customer service and tailored insurance solutions that meet the unique needs of its clients. The company has consistently maintained a strong market position, recognised for its financial strength and innovative risk management strategies, making it a trusted partner in the insurance industry.
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.
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.
Chubb's score of 42 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Chubb reported total emissions of approximately 23,017,000 kg CO2e for Scope 1 and about 8,530,000 kg CO2e for Scope 2 emissions. The company also disclosed Scope 3 emissions related to business travel, amounting to around 18,811,000 kg CO2e. Chubb has set ambitious climate commitments, aiming for a 40% reduction in Scope 1 and Scope 2 emissions by 2025, based on 2019 levels. This commitment aligns with their support for the global goal of achieving net-zero carbon emissions by 2050. The company’s annual greenhouse gas (GHG) inventory encompasses Scope 1, Scope 2, and certain categories of Scope 3 emissions, reflecting a comprehensive approach to climate accountability. In summary, Chubb is actively working towards significant emissions reductions while contributing to the broader transition to a net-zero carbon economy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 |
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.