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 47 is higher than 93% 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 2023, Globe Life reported total carbon emissions of approximately 61,830,000 kg CO2e. This figure includes 1,553,000 kg CO2e from Scope 1 emissions, 5,665,000 kg CO2e from Scope 2 emissions (market-based), and a significant 41,783,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions encompass various categories, with purchased goods and services contributing about 19,019,000 kg CO2e and employee commuting accounting for approximately 6,334,000 kg CO2e. Comparatively, in 2022, Globe Life's total emissions were around 61,680,000 kg CO2e, with Scope 1 emissions at 1,237,000 kg CO2e, Scope 2 emissions (market-based) at 7,249,000 kg CO2e, and Scope 3 emissions reaching 44,680,000 kg CO2e. This indicates a slight increase in total emissions year-on-year. Globe Life has set ambitious climate commitments, aiming to reduce both Scope 1 and Scope 2 emissions to near zero by 2025. This near-term target reflects the company's proactive approach to addressing its carbon footprint and aligns with industry standards for climate action. The commitment to significantly reduce emissions demonstrates Globe Life's dedication to sustainability and environmental responsibility.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 5,309,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 427,000 | 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.
