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GEICO Corporation
GEICO Corporation, officially known as the Government Employees Insurance Company, is a leading provider of auto insurance in the United States. Headquartered in Chevy Chase, Maryland, GEICO operates across various regions, offering services to millions of customers nationwide. Founded in 1936, the company has achieved significant milestones, including becoming a subsidiary of Berkshire Hathaway in 1996. Specialising in auto, home, and renters insurance, GEICO is renowned for its competitive pricing and innovative online services, making insurance accessible and convenient. The company’s unique approach to customer service and its memorable advertising campaigns have solidified its position as one of the top insurers in the market. With a strong emphasis on technology and customer satisfaction, GEICO continues to set industry standards and achieve remarkable growth.
DitchCarbon Score
How does GEICO Corporation'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
GEICO Corporation's score of 28 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GEICO Corporation's reported carbon emissions
As of the latest available data, GEICO Corporation does not report specific carbon emissions figures, indicating a lack of publicly disclosed emissions data. The company is a current subsidiary of Berkshire Hathaway Inc., which may influence its climate commitments and reporting practices. While GEICO has not set specific reduction targets or initiatives, it is important to note that its parent company, Berkshire Hathaway Inc., is involved in various climate-related initiatives, including participation in the Carbon Disclosure Project (CDP) and Climate Action 100+. However, specific emissions data and reduction targets for GEICO are not available, and no climate pledges have been disclosed. In the context of the insurance industry, many companies are increasingly focusing on sustainability and carbon reduction strategies. GEICO's commitment to addressing climate change may be inferred through its association with Berkshire Hathaway, but without specific data or targets, the company's individual climate impact remains unclear.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
GEICO Corporation is not participating in any of the initiatives that 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.
