Equitable Holdings, Inc., commonly referred to as Equitable, is a prominent financial services company headquartered in the United States. Founded in 1859, Equitable has established itself as a leader in the insurance and investment sectors, with a strong presence across major operational regions in North America. The company offers a diverse range of products and services, including life insurance, retirement solutions, and investment management, distinguished by their customer-centric approach and innovative solutions. Equitable's commitment to financial empowerment has earned it a notable position in the market, recognised for its robust financial strength and dedication to client success. With a rich history and a focus on sustainable growth, Equitable Holdings continues to shape the future of financial services.
How does Equitable Holdings'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 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.
Equitable Holdings's score of 44 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Equitable Holdings reported total carbon emissions of approximately 9,268,000 kg CO2e. This figure includes Scope 1 emissions of about 1,715,000 kg CO2e, Scope 2 emissions of around 5,700,000 kg CO2e, and Scope 3 emissions from business travel amounting to about 1,853,000 kg CO2e. Comparatively, in 2022, the company’s total emissions were approximately 12,637,000 kg CO2e, with Scope 1 at about 2,949,000 kg CO2e, Scope 2 at around 7,286,000 kg CO2e, and Scope 3 from business travel at approximately 2,402,000 kg CO2e. This indicates a significant reduction in total emissions of about 3,369,000 kg CO2e from 2022 to 2023. Equitable Holdings has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is sourced directly from Equitable Holdings, Inc., with no cascaded data from a parent or related organization. Overall, Equitable Holdings is actively monitoring its carbon footprint across all scopes, demonstrating a commitment to reducing its environmental impact, although specific reduction strategies have not been outlined.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,232,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,670,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 3,907,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
Equitable Holdings's Scope 3 emissions, which decreased by 23% last year and decreased by approximately 53% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 20% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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.
Equitable Holdings 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.
