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 58% 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 6,000,000 kg CO2e, comprising Scope 1 emissions of about 1,994,000 kg CO2e, Scope 2 emissions of around 2,224,000 kg CO2e, and Scope 3 emissions totalling approximately 2,663,000 kg CO2e. The Scope 3 emissions breakdown includes significant contributions from purchased goods and services (about 1,994,000 kg CO2e) and capital goods (approximately 2,224,000 kg CO2e). Currently, Hagerty has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of formal commitments highlights an opportunity for the company to enhance its climate strategy and align with industry standards for emissions reduction. As a company headquartered in the US, Hagerty's emissions profile reflects the broader challenges faced by organisations in managing their carbon footprints across all scopes of emissions.
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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.
