Direct Line Group, headquartered in Great Britain, is a leading player in the insurance industry, renowned for its innovative approach to personal and commercial insurance solutions. Founded in 1985, the company has established a strong presence across the UK, offering a diverse range of products including car, home, and travel insurance. What sets Direct Line apart is its commitment to direct customer engagement, eliminating intermediaries to provide tailored services. With a focus on digital transformation, the company has achieved significant milestones, including the launch of its mobile app, enhancing customer experience and accessibility. As a market leader, Direct Line Group has garnered numerous awards for its customer service and product offerings, solidifying its reputation as a trusted insurance provider in the competitive landscape.
How does Direct Line'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.
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.
Direct Line's score of 46 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Direct Line Insurance Group plc reported total carbon emissions of approximately 265,516,000 kg CO2e. This figure includes Scope 1 emissions of about 3,829,000 kg CO2e, Scope 2 emissions of approximately 2,499,000 kg CO2e, and significant Scope 3 emissions totalling around 259,188,000 kg CO2e, which encompasses areas such as purchased goods and services, employee commuting, and business travel. The company has set near-term targets aligned with the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions consistent with limiting global warming to 1.5°C. Specifically, Direct Line aims to cover 75% of its total investment and lending activities by monetary value as of 2019 by 2027 and 2030. These targets reflect a commitment to sustainable practices within the financial and insurance sectors, demonstrating a proactive approach to climate change mitigation. Overall, Direct Line's emissions per average employee have shown a downward trend, with figures decreasing from about 2,400 kg CO2e in previous years to approximately 1,400 kg CO2e in 2019, indicating ongoing efforts to enhance operational efficiency and reduce carbon footprints.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 6,506,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 6,609,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 311,225,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Direct Line is committed to some 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.