Chubb
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.
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 56 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chubb's reported carbon emissions
In 2024, Chubb reported total carbon emissions of approximately 28,246,000 kg CO2e for Scope 1, 7,643,000 kg CO2e for Scope 2 (market-based), and 45,732,000 kg CO2e for Scope 3 emissions related to business travel. This reflects a significant increase in Scope 1 emissions from 23,017,000 kg CO2e in 2023, while Scope 2 emissions decreased from 8,530,000 kg CO2e in the previous year. Chubb has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 40% by 2025, a target established in 2019. The company supports the global goal of achieving net-zero carbon emissions by 2050, encompassing all scopes of emissions. The emissions data is sourced directly from Chubb Limited, with no cascading from a parent or related organization. Chubb's annual greenhouse gas inventory includes comprehensive reporting on Scope 1, Scope 2, and selected categories of Scope 3 emissions, demonstrating its commitment to transparency and accountability in its climate strategy.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | - | - | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 0,000,000 | - | 00,000,000 | 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 not participating in any of the initiatives that 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.
