Public Profile

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.

48

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.

2

Industry Benchmark

Chubb's score of 48 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Chubb's reported carbon emissions

In 2023, Chubb reported total emissions of approximately 23,017,000 kg CO2e for Scope 1 and 8,530,000 kg CO2e for Scope 2, alongside 18,811,000 kg CO2e for Scope 3 emissions related to business travel. This data reflects Chubb's ongoing commitment to transparency in its greenhouse gas (GHG) emissions reporting. Chubb has set ambitious climate targets, aiming for a 40% reduction in Scope 1 and Scope 2 emissions by 2025, a goal established in 2019. This commitment aligns with the global objective of achieving net-zero carbon emissions by 2050. The company’s GHG inventory encompasses Scope 1, Scope 2, and selected categories of Scope 3 emissions, demonstrating a comprehensive approach to climate accountability. As part of its long-term strategy, Chubb is dedicated to supporting the transition to a net-zero carbon economy, reinforcing its role in addressing climate change within the insurance industry.

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20162017201820192020202120222023
Scope 1
88,482,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
-
-
-
-
00,000,000
00,000,000
0,000,000
0,000,000
Scope 3
-
-
-
0,000,000
-
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Chubb's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Chubb is headquartered in US, which has a rank of low, indicating low grid carbon 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 committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers