Cincinnati Financial
Cincinnati Financial Corporation, commonly referred to as Cincinnati Financial, is a prominent player in the insurance and financial services industry, headquartered in Cincinnati, Ohio, USA. Founded in 1950, the company has established itself as a leader in property and casualty insurance, as well as life insurance and investment services, serving clients primarily across the Midwest and Southern regions of the United States. Cincinnati Financial is renowned for its commitment to exceptional customer service and innovative insurance solutions, offering a range of products that include commercial and personal lines of insurance. The company’s strong market position is underscored by its consistent financial performance and a reputation for reliability, making it a trusted choice for individuals and businesses alike. With a focus on long-term relationships and community involvement, Cincinnati Financial continues to achieve notable milestones in the ever-evolving financial landscape.
DitchCarbon Score
How does Cincinnati Financial'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 Financial Intermediation 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
Cincinnati Financial's score of 31 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cincinnati Financial's reported carbon emissions
In 2023, Cincinnati Financial reported total carbon emissions of approximately 14,066,000 kg CO2e for Scope 1 and about 9,050,000 kg CO2e for Scope 2, resulting in a combined total of approximately 23,116,000 kg CO2e. This reflects a continued commitment to reducing their carbon footprint, although specific reduction targets or initiatives have not been disclosed. Over the years, Cincinnati Financial has demonstrated a trend of decreasing emissions. For instance, in 2020, the total emissions were about 24,408,000 kg CO2e, indicating a reduction in emissions as the company has grown, with revenue increasing from approximately 7.5 billion USD in 2020 to about 10 billion USD in 2023. Cincinnati Financial has not publicly committed to specific science-based targets or climate pledges, which may limit their visibility in the context of industry-wide climate commitments. However, their ongoing efforts to monitor and report emissions suggest a recognition of the importance of sustainability in their operations.
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.
Cincinnati Financial 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.
