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US
updated a month ago

Globe Life and Accident Insurance Company, City Place Building in Oklahoma Sustainability Profile

Company website

Globe Life and Accident Insurance Company, often referred to simply as Globe Life, is a prominent player in the insurance industry, headquartered in the City Place Building in Oklahoma, US. Established in 1951, the company has built a strong reputation for providing affordable life and accident insurance products, catering primarily to individuals and families across the United States. With a focus on core offerings such as term life insurance, whole life insurance, and accident insurance, Globe Life distinguishes itself through its straightforward application process and no medical exam requirements for many policies. Over the years, the company has achieved significant milestones, including a robust market position, recognised for its financial strength and customer service excellence. As a trusted name in the insurance sector, Globe Life continues to serve millions, ensuring peace of mind through comprehensive coverage options.

DitchCarbon Score

How does Globe Life and Accident Insurance Company, City Place Building in Oklahoma'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.

19

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Globe Life and Accident Insurance Company, City Place Building in Oklahoma's score of 19 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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Globe Life and Accident Insurance Company, City Place Building in Oklahoma's reported carbon emissions

In 2023, Globe Life and Accident Insurance Company, located in the City Place Building in Oklahoma, reported total carbon emissions of approximately 49,001,000 kg CO2e. This figure includes Scope 1 emissions of about 1,553,000 kg CO2e, Scope 2 emissions of approximately 5,665,000 kg CO2e, and Scope 3 emissions amounting to around 41,783,000 kg CO2e. Notably, the Scope 3 emissions encompass significant categories such as purchased goods and services (about 19,019,000 kg CO2e) and upstream transportation and distribution (approximately 9,081,000 kg CO2e). In comparison, the previous year, 2022, the company reported total emissions of about 53,165,000 kg CO2e, with Scope 1 at approximately 1,237,000 kg CO2e, Scope 2 at around 7,249,000 kg CO2e, and Scope 3 at about 44,680,000 kg CO2e. This indicates a reduction in total emissions of approximately 4,164,000 kg CO2e from 2022 to 2023. Despite these figures, Globe Life and Accident Insurance Company has not set specific reduction targets or initiatives as part of their climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets suggests that the company is currently not aligned with industry-standard climate action frameworks. Overall, while Globe Life and Accident Insurance Company has made strides in reducing its carbon footprint, further commitments and structured reduction targets would enhance its climate strategy and align it with broader sustainability goals.

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20222023
Scope 1
1,237,000
0,000,000
Scope 2
7,249,000
0,000,000
Scope 3
44,680,000
00,000,000

How Carbon Intensive is Globe Life and Accident Insurance Company, City Place Building in Oklahoma's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Globe Life and Accident Insurance Company, City Place Building in Oklahoma's primary industry is , which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Globe Life and Accident Insurance Company, City Place Building in Oklahoma's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Globe Life and Accident Insurance Company, City Place Building in Oklahoma is in US, which has a low grid carbon intensity relative to other regions.

Globe Life and Accident Insurance Company, City Place Building in Oklahoma's Scope 3 Categories Breakdown

Globe Life and Accident Insurance Company, City Place Building in Oklahoma's Scope 3 emissions, which decreased by 6% last year and decreased by approximately 6% since 2022, 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 46% of Scope 3 emissions.

Top Scope 3 Categories

2023
Purchased Goods and Services
46%
Upstream Transportation & Distribution
22%
Employee Commuting
15%
Downstream Leased Assets
11%
Business Travel
7%

Globe Life and Accident Insurance Company, City Place Building in Oklahoma'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 and Accident Insurance Company, City Place Building in Oklahoma 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Globe Life and Accident Insurance Company, City Place Building in Oklahoma's Emissions with Industry Peers

Sun Life

CA
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 15 days ago

Aig

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 4 hours ago

Oxford Life Insurance Company

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 3 months ago

United Commercial Bank

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Manulife

CA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

Metlife

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 13 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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