CoverWallet, Inc. Sustainability Profile
CoverWallet, Inc., a leading provider of digital insurance solutions, is headquartered in the United States and operates across various regions, focusing on small to medium-sized businesses. Founded in 2015, the company has rapidly established itself in the insurtech industry, streamlining the process of obtaining and managing business insurance. CoverWallet offers a unique platform that simplifies insurance purchasing through advanced technology, enabling users to compare quotes and manage policies efficiently. Its core services include tailored insurance solutions, risk management tools, and expert guidance, setting it apart in a competitive market. Recognised for its innovative approach, CoverWallet has achieved significant milestones, including partnerships with major insurance carriers and a growing customer base. As a prominent player in the insurtech landscape, CoverWallet continues to redefine how businesses approach their insurance needs.
DitchCarbon Score
How does CoverWallet, Inc.'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
CoverWallet, Inc.'s score of 77 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CoverWallet, Inc., headquartered in the US, currently does not have specific carbon emissions data available for recent years. As a current subsidiary of Aon plc, any climate commitments or emissions data may be inherited from its parent company. However, there are no documented reduction targets or climate pledges specific to CoverWallet, Inc. The absence of emissions data suggests that CoverWallet may be in the early stages of developing its climate strategy or reporting framework. As part of Aon plc, it is likely that CoverWallet aligns with broader corporate sustainability initiatives, which may include commitments to reduce emissions and enhance climate resilience. For organisations in the insurance and financial services sector, it is increasingly important to establish clear climate commitments and reduction targets, particularly in light of global climate agreements and the growing emphasis on corporate responsibility. CoverWallet's future climate initiatives may benefit from the frameworks and targets set by Aon plc, which could include science-based targets and other industry-standard climate strategies.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 14,060,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 22,298,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 502,398,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is CoverWallet, Inc.'s Industry?
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CoverWallet, Inc.'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.
CoverWallet, Inc. 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.
