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 39 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Globe Life's reported carbon emissions
In 2023, Globe Life reported total carbon emissions of approximately 6,945,000 kg CO2e from Scope 1 and 2, alongside 41,783,000 kg CO2e from Scope 3 emissions. This marks a slight increase in Scope 1 emissions to 1,553,000 kg CO2e, while Scope 2 emissions decreased to about 5,692,000 kg CO2e (location-based). The company’s Scope 3 emissions, which include significant contributions from business travel (2,852,000 kg CO2e) and employee commuting (6,334,000 kg CO2e), reflect the broader impact of its operations. In 2022, Globe Life's total emissions were approximately 7,664,000 kg CO2e for Scope 1 and 2, with Scope 3 emissions at about 44,680,000 kg CO2e. The company has not publicly committed to specific reduction targets or initiatives, indicating a potential area for future focus in their climate strategy. Overall, while Globe Life has made strides in managing its emissions, the absence of defined reduction targets suggests an opportunity for enhanced climate commitments moving forward.
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Get Started| 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 committed to any reduction initiatives 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.
