Globe Life and Accident Insurance Company, City Place Building in Oklahoma Sustainability Profile
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.
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.
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.
Let us know if this data was useful to you
Globe Life and Accident Insurance Company, City Place Building in Oklahoma's reported carbon emissions
In 2023, Globe Life and Accident Insurance Company, headquartered in the City Place Building in Oklahoma, reported total carbon emissions of approximately 41,783,000 kg CO2e across all scopes. This includes 1,553,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources. Scope 2 emissions, which are indirect emissions from the generation of purchased electricity, amounted to about 5,665,000 kg CO2e (market-based) and 5,392,000 kg CO2e (location-based). The majority of emissions were from Scope 3, totalling approximately 41,783,000 kg CO2e, with significant contributions from purchased goods and services (about 19,019,000 kg CO2e) and upstream transportation and distribution (approximately 9,081,000 kg CO2e). Comparatively, in 2022, the company reported total emissions of about 44,680,000 kg CO2e, indicating a slight reduction in overall emissions year-on-year. The Scope 1 emissions for 2022 were approximately 1,237,000 kg CO2e, while Scope 2 emissions were about 7,249,000 kg CO2e (market-based) and 6,427,000 kg CO2e (location-based). Scope 3 emissions for that year were around 44,680,000 kg CO2e. Despite these figures, Globe Life and Accident Insurance Company has not publicly committed to specific reduction targets or initiatives, nor do they appear to have cascaded data from a parent organisation. The absence of defined climate pledges or SBTi targets suggests a need for further commitment to climate action within the insurance sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | |
|---|---|---|
| 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?
How Carbon Intensive is Globe Life and Accident Insurance Company, City Place Building in Oklahoma's Location?
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
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.
