Chubb Limited Sustainability Profile
Chubb Limited, a leading global provider of insurance products and services, is headquartered in the United Kingdom. Established in 1882, Chubb has grown to become a prominent player in the insurance industry, with a strong presence across North America, Europe, and Asia-Pacific. The company offers a diverse range of services, including property and casualty insurance, accident and health coverage, and reinsurance solutions. Chubb is renowned for its commitment to customer service and innovative risk management solutions, setting it apart from competitors. With a robust market position, the company has achieved notable milestones, including its acquisition of ACE Limited in 2016, which significantly expanded its global footprint. Chubb's comprehensive product offerings and dedication to excellence make it a trusted choice for individuals and businesses seeking reliable insurance solutions.
DitchCarbon Score
How does Chubb Limited'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 Business 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 Limited's score of 25 is lower than 54% 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 Limited's reported carbon emissions
Chubb Limited, headquartered in Great Britain, currently does not have specific carbon emissions data available for the most recent year. However, the company is actively engaged in climate commitments aimed at reducing its environmental impact. Chubb has set a near-term reduction target for Scope 2 emissions, aiming for a 30% reduction by the end of 2025. This target specifically applies to primary producers of cement with revenues exceeding $100 million, contingent upon these clients achieving 30% of their kiln heat capacity from non-coal or petcoke fuel sources by the target date. Additionally, Chubb's emissions data is cascaded from its parent company, APi Group Corporation, reflecting a corporate family relationship that influences its sustainability initiatives. While specific emissions figures are not disclosed, Chubb's commitment to reducing its carbon footprint aligns with broader industry standards and practices.
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| 2024 | |
|---|---|
| Scope 1 | 28,246,000 |
| Scope 2 | 7,643,000 |
| Scope 3 | 45,732,000 |
How Carbon Intensive is Chubb Limited's Industry?
How Carbon Intensive is Chubb Limited's Location?
Chubb Limited's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 56% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Chubb Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Chubb Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
