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updated a month ago

FMNE Mutual Holding Company Sustainability Profile

Company website

FMNE Mutual Holding Company, headquartered in the United States, is a prominent player in the financial services industry, specialising in mutual insurance and investment solutions. Founded in the early 2000s, the company has established itself as a trusted provider, with a strong presence in key operational regions across the US. FMNE offers a range of unique products and services, including life insurance, health coverage, and investment management, tailored to meet the diverse needs of its clients. The company is recognised for its commitment to customer-centric solutions and innovative financial strategies, positioning it as a leader in the mutual holding sector. With a focus on sustainable growth and community engagement, FMNE Mutual Holding Company continues to achieve notable milestones, reinforcing its reputation as a reliable partner in financial security.

DitchCarbon Score

How does FMNE Mutual Holding Company'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.

23

Industry Average

Mean score of companies in the Other 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.

28

Industry Benchmark

FMNE Mutual Holding Company's score of 23 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

27%

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FMNE Mutual Holding Company's reported carbon emissions

In 2024, FMNE Mutual Holding Company reported total carbon emissions of approximately 56,708,000 kg CO2e, with significant contributions from Scope 3 emissions, particularly from business travel, which accounted for about 205,651,000 kg CO2e. The company disclosed Scope 2 emissions of approximately 54,900 kg CO2e, while no data was available for Scope 1 emissions. In 2023, the company’s total emissions were significantly higher, at about 367,150,000,000 kg CO2e, with Scope 3 emissions again being a major factor, including business travel emissions of approximately 237,000,000 kg CO2e. FMNE Mutual Holding Company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company does not appear to inherit emissions data from a parent organisation, indicating that its emissions reporting is independent. Overall, while FMNE Mutual Holding Company has disclosed substantial emissions figures, it currently lacks defined climate commitments or reduction strategies to address its carbon footprint.

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20232024
Scope 1
-
-
Scope 2
-
00,000
Scope 3
77,200
000,000,000

How Carbon Intensive is FMNE Mutual Holding Company's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. FMNE Mutual Holding Company's primary industry is Other Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is FMNE Mutual Holding Company's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for FMNE Mutual Holding Company is in US, which has a low grid carbon intensity relative to other regions.

FMNE Mutual Holding Company's Scope 3 Categories Breakdown

FMNE Mutual Holding Company's Scope 3 emissions, which increased significantly last year and increased significantly since 2023, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" representing nearly all of their reported Scope 3 footprint.

Top Scope 3 Categories

2024
Business Travel
100%

FMNE Mutual Holding Company'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.

FMNE Mutual Holding Company 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare FMNE Mutual Holding Company's Emissions with Industry Peers

State Farm

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 3 days ago

Axa

FR
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 2 days ago

Chubb

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 13 days ago

New York Life

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 4 days ago

Berkshire Hathaway Inc.

US
•
Other business services (74)
Updated 13 days ago

Manulife

CA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 13 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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