IAG
IAG, or Insurance Australia Group, is a leading general insurance company headquartered in Sydney, Australia. Founded in 2000, IAG has established a strong presence across the Asia-Pacific region, with significant operations in New Zealand and various markets in Asia. The company primarily focuses on personal and commercial insurance, offering a diverse range of products including motor, home, and business insurance. IAG is renowned for its commitment to innovation and customer service, leveraging advanced technology to enhance the insurance experience. With a robust market position, IAG has received numerous accolades for its sustainability initiatives and customer satisfaction. As a key player in the insurance industry, IAG continues to set benchmarks for excellence and reliability in risk management solutions.
DitchCarbon Score
How does IAG'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 Air Transport 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
IAG's score of 23 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
IAG's reported carbon emissions
In 2023, IAG reported total carbon emissions of approximately 13,270,000 kg CO2e for Scope 1, 485,000 kg CO2e for Scope 2, and 2,138,000 kg CO2e for Scope 3 emissions in Australia. This reflects a commitment to transparency in their climate impact across all scopes of emissions. IAG has set a significant climate commitment, being the first airline group globally to pledge net zero emissions by 2050. This ambitious target encompasses all scopes of emissions and is part of their broader sustainability strategy initiated in 2023. Over the years, IAG has demonstrated a progressive reduction in emissions. For instance, in 2020, their total emissions were approximately 32,920,000 kg CO2e, which decreased to about 22,611,000 kg CO2e in 2021 and further to approximately 24,640,000 kg CO2e in 2022. This trend indicates a proactive approach to reducing their carbon footprint. IAG's commitment to sustainability and climate action is evident through their ongoing efforts to monitor and reduce emissions, aligning with industry standards and expectations for corporate responsibility in addressing climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 9,244,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 20,875,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
IAG 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.
