Globe Life
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 64 is higher than 79% 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 also committed to reducing its Scope 2 emissions by 30% from the 2022 baseline by 2030. The emissions data is sourced from Globe Life Inc., and the company is actively working towards its climate commitments, demonstrating a clear focus on sustainability and carbon reduction in its operations.
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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 |
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.
Globe Life 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.
