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 88% 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 6,000,000 kg CO2e in Australia, comprising 1,327,000 kg CO2e from Scope 1, 485,000 kg CO2e from Scope 2, and 2,138,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting across all scopes. IAG has set a significant climate commitment as the first airline group globally to pledge net zero emissions by 2050. This ambitious target encompasses all scopes of emissions, demonstrating their dedication to addressing climate change and reducing their carbon footprint. Over the years, IAG has shown a trend of decreasing emissions, with total emissions in 2020 at approximately 32,920,000 kg CO2e, which included 6,751,000 kg CO2e from Scope 1 and 14,562,000 kg CO2e from Scope 2. By 2021, total emissions had reduced to about 22,611,000 kg CO2e, indicating progress towards their long-term sustainability goals. IAG's ongoing efforts and commitments position them as a leader in the aviation industry's response to climate change, with a clear roadmap towards achieving net zero emissions by 2050.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 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.
