Genworth Financial, Inc., a prominent player in the insurance and financial services industry, is headquartered in the United States. Founded in 1871, the company has established itself as a leader in mortgage insurance, long-term care insurance, and life insurance, catering to a diverse clientele across North America and beyond.
With a commitment to providing innovative solutions, Genworth offers unique products designed to meet the evolving needs of its customers, including comprehensive long-term care planning services. The company has achieved significant milestones, including its successful public listing and expansion into various markets, solidifying its position as a trusted provider in the financial services sector. Genworth's dedication to customer service and financial security continues to set it apart in a competitive landscape.
+10 vs industry average
Genworth Financial’s score of 47 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Genworth Financial's reported carbon emissions
In 2025, Genworth Financial reported total emissions of approximately 5,824,000 kg CO2e, comprising 786,000 kg CO2e from Scope 1 and 5,038,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming for net zero emissions by 2050 across both Scope 1 and Scope 2 emissions. This long-term target was established in 2023 and reflects Genworth's commitment to sustainability and reducing its carbon footprint. In the preceding years, emissions have shown fluctuations, with 2024 emissions recorded at approximately 5,615,000 kg CO2e, and 2023 at approximately 7,541,000 kg CO2e. The company has also initiated an Energy Transition Fund in 2023, aimed at acquiring high-quality assets to support the transition to a net-zero global economy, further demonstrating its proactive approach to climate action. Genworth Financial's emissions data is not cascaded from any parent organization, indicating that the reported figures are independently sourced. The company continues to focus on enhancing its sustainability practices while working towards its long-term climate goals.
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Genworth Financial’s Climate Goals (2030 & 2050)
4 goals2050
We aim to achieve net zero emissions by 2050
We aim to achieve net zero emissions by 2050.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Genworth Financial
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