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 90% 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 7,215,000 kg CO2e from Scope 1 and Scope 2 sources, with Scope 1 emissions at about 1,553,000 kg CO2e and Scope 2 emissions at approximately 5,665,000 kg CO2e (market-based). The company also disclosed Scope 3 emissions totalling around 41,783,000 kg CO2e, which includes significant contributions from business travel (about 2,852,000 kg CO2e) and employee commuting (approximately 6,334,000 kg CO2e). In the previous year, 2022, Globe Life's emissions were slightly lower, with total Scope 1 and 2 emissions at about 7,484,000 kg CO2e and Scope 3 emissions at approximately 44,680,000 kg CO2e. This indicates a slight increase in emissions in 2023 compared to 2022. Despite these figures, Globe Life has not set specific reduction targets or initiatives as part of their climate commitments, which may limit their ability to effectively address their carbon footprint in the future. The absence of documented reduction targets suggests a need for enhanced climate strategies to align with industry standards and expectations.
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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 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.
