Liberty Mutual
Liberty Mutual Insurance Company, commonly known as Liberty Mutual, is a prominent player in the insurance industry, headquartered in the United States. Founded in 1912, the company has grown to become one of the largest property and casualty insurers globally, with significant operations across North America, Europe, and Asia. Liberty Mutual offers a diverse range of insurance products, including auto, home, and commercial insurance, distinguished by their customer-centric approach and innovative solutions. The company is recognised for its commitment to providing tailored coverage options that meet the unique needs of its clients. With a strong market position, Liberty Mutual has achieved notable milestones, including consistent rankings among the Fortune 100 companies. Its dedication to sustainability and community involvement further enhances its reputation as a responsible insurer in today's competitive landscape.
DitchCarbon Score
How does Liberty Mutual'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 Financial Intermediation 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
Liberty Mutual's score of 26 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Liberty Mutual's reported carbon emissions
In 2023, Liberty Mutual reported total carbon emissions of approximately 7,404,000 kg CO2e. This figure includes 251,000 kg CO2e from Scope 1 emissions, 31,000 kg CO2e from market-based Scope 2 emissions, and a significant 7,122,000 kg CO2e from Scope 3 emissions. The company has disclosed emissions data across all three scopes, highlighting its commitment to transparency in its climate impact. Despite the substantial emissions figures, Liberty Mutual has not set specific reduction targets or initiatives as part of its climate strategy. There are no reported commitments to the Science Based Targets initiative (SBTi) or other formal climate pledges. The absence of reduction targets suggests that while the company is aware of its carbon footprint, it may still be in the early stages of developing a comprehensive climate action plan. Liberty Mutual's emissions data is not cascaded from any parent or related organization, indicating that these figures are independently reported. As the company continues to assess its environmental impact, future commitments and strategies may emerge to address its carbon emissions more effectively.
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| 2023 | |
|---|---|
| Scope 1 | 251,000 |
| Scope 2 | 31,000 |
| Scope 3 | 7,122,000 |
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.
Liberty Mutual is not participating in any of the initiatives that 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.
