Hagerty, Inc.
Hagerty, Inc., a leading name in the automotive insurance industry, is headquartered in the United States and operates extensively across North America and Europe. Founded in 1984, Hagerty has established itself as a premier provider of classic car insurance, offering specialised coverage tailored to the unique needs of vintage and collector vehicles. The company’s core services include insurance, valuation tools, and automotive lifestyle products, all designed to protect and enhance the ownership experience of classic car enthusiasts. Hagerty's commitment to customer service and its deep understanding of the classic car market have positioned it as a trusted partner for collectors. With a strong market presence and a growing community of car lovers, Hagerty continues to achieve notable milestones, solidifying its reputation as a leader in the niche automotive insurance sector.
DitchCarbon Score
How does Hagerty, Inc.'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
Hagerty, Inc.'s score of 23 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hagerty, Inc.'s reported carbon emissions
In 2021, Hagerty, Inc. reported total carbon emissions of approximately 6,660,000 kg CO2e, encompassing Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions accounted for about 1,994,000 kg CO2e, while Scope 2 emissions totalled approximately 2,224,000 kg CO2e. The most significant contributor to their overall emissions was Scope 3, which reached about 2,663,000 kg CO2e. Within Scope 3, the largest categories included purchased goods and services (approximately 1,994,000 kg CO2e) and capital goods (around 2,224,000 kg CO2e). Despite the substantial emissions figures, Hagerty has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments suggests a need for further action in aligning with industry standards for climate accountability. As a company headquartered in the US, Hagerty's emissions data reflects the broader challenges faced by organisations in managing their environmental impact while striving for sustainability.
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| 2021 | |
|---|---|
| Scope 1 | 1,994,000 |
| Scope 2 | 2,224,000 |
| Scope 3 | 2,663,000 |
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.
Hagerty, Inc. 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.
