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.

57

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.

27

Industry Benchmark

Chubb's score of 57 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%

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Chubb's reported carbon emissions

In 2024, Chubb reported total carbon emissions of approximately 36,000,000 kg CO2e, comprising 28,246,000 kg CO2e from Scope 1, 7,643,000 kg CO2e from Scope 2 (market-based), and 45,732,000 kg CO2e from Scope 3, primarily from business travel. This marks a significant increase in emissions compared to 2023, where total emissions were about 15,000,000 kg CO2e, with Scope 1 at 1,538,800 kg CO2e, Scope 2 (market-based) at 400 kg CO2e, and Scope 3 at 8,100,200 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 includes Scope 1, Scope 2, and certain categories of Scope 3 emissions, demonstrating a comprehensive approach to carbon management. Overall, Chubb's emissions data reflects the challenges of reducing carbon footprints in a growing global operation, while their commitments indicate a proactive stance towards sustainability and climate responsibility.

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201620172018201920202021202220232024
Scope 1
-
-
-
-
0,000,000
0,000,000
00,000,000
0,000,000
00,000,000
Scope 2
-
-
-
-
0,000,000
0,000,000
0,000,000
000
0,000,000
Scope 3
-
-
-
-
000,000
00,000,000
00,000,000
0,000,000
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. This request for Chubb is in US, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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