Erie Indemnity Co., Asset Management Arm Sustainability Profile
Erie Indemnity Company, often referred to as Erie Insurance, is a prominent player in the insurance and asset management industry, headquartered in the United States. Founded in 1925, the company has established a strong presence across various operational regions, primarily in the Midwest and Northeast. Specialising in property and casualty insurance, Erie Indemnity also offers a range of asset management services that distinguish it in the marketplace. The firm is recognised for its commitment to customer service and innovative insurance solutions, which have contributed to its solid market position. With a history marked by significant milestones, Erie Indemnity continues to evolve, providing unique products that cater to the diverse needs of its clients while maintaining a focus on financial stability and growth.
DitchCarbon Score
How does Erie Indemnity Co., Asset Management Arm'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
Erie Indemnity Co., Asset Management Arm's score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Erie Indemnity Co., Asset Management Arm's reported carbon emissions
Erie Indemnity Co., Asset Management Arm, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with their operations. As a current subsidiary, Erie Indemnity Co., Asset Management Arm may inherit climate commitments and data from its parent organization, but specific details regarding these cascaded initiatives are not available. The lack of emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the broader context of the industry, many asset management firms are increasingly focusing on sustainability and climate commitments, often setting science-based targets to reduce their carbon footprints. However, without specific data or commitments from Erie Indemnity Co., Asset Management Arm, it is challenging to assess their position relative to industry standards.
How Carbon Intensive is Erie Indemnity Co., Asset Management Arm's Industry?
How Carbon Intensive is Erie Indemnity Co., Asset Management Arm's Location?
Erie Indemnity Co., Asset Management Arm'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.
Erie Indemnity Co., Asset Management Arm 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.
