Globe Life Sustainability Profile
Globe Life, officially known as Globe Life and Accident Insurance Company, is a prominent player in the insurance industry, headquartered in the United States. Founded in 1951, the company has established a strong presence across various operational regions, providing life and accident insurance products to millions of customers. Specialising in affordable life insurance solutions, Globe Life distinguishes itself with no medical exam requirements for many of its policies, making coverage accessible to a broader audience. The company has achieved significant milestones, including a robust financial standing and a reputation for reliability, which has solidified its market position. With a commitment to customer service and innovative insurance offerings, Globe Life continues to be a trusted name in the industry, catering to the diverse needs of individuals and families seeking financial security.
DitchCarbon Score
How does Globe Life'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
Globe Life's score of 70 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Globe Life's reported carbon emissions
In 2024, Globe Life reported total carbon emissions of approximately 42,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 38,151,000 kg CO2e. Scope 1 emissions were approximately 1,458,710 kg CO2e, while Scope 2 emissions totalled around 5,347,640 kg CO2e (market-based). The company has set ambitious targets to reduce its emissions, aiming for near-zero Scope 1 and Scope 2 emissions by 2025. Additionally, Globe Life plans to achieve a 30% reduction in Scope 1 emissions from a 2022 baseline by 2030. In 2023, Globe Life's emissions were slightly higher, with total emissions of about 41,782,000 kg CO2e, including 1,552,760 kg CO2e from Scope 1 and 5,664,500 kg CO2e from Scope 2 (market-based). The company has consistently reported emissions across all three scopes, demonstrating a commitment to transparency and accountability in its climate strategy. Globe Life's long-term goals include reducing Scope 1 and Scope 2 emissions to near zero by 2050, reflecting a strong commitment to sustainability and climate action. The emissions data is sourced from Globe Life Inc., ensuring that the figures are accurate and reflective of the company's operational impact.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 5,309,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 427,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Globe Life's Industry?
How Carbon Intensive is Globe Life's Location?
Globe Life's Scope 3 Categories Breakdown
Globe Life's Scope 3 emissions, which decreased by 9% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 47% of Scope 3 emissions.
Top Scope 3 Categories
Globe Life'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.
Globe Life 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.
