Liberty Mutual Fire Insurance Company Sustainability Profile
Liberty Mutual Fire Insurance Company, a prominent player in the insurance industry, is headquartered in the United States. Founded in 1912, the company has established itself as a leader in providing a wide range of insurance products, including auto, home, and commercial insurance. With a strong presence across major operational regions in North America, Liberty Mutual is known for its commitment to customer service and innovative solutions. The company offers unique features such as personalised coverage options and a robust claims process, setting it apart from competitors. Over the years, Liberty Mutual has achieved significant milestones, including its ranking among the top 10 largest property and casualty insurers in the US. With a focus on reliability and comprehensive protection, Liberty Mutual Fire Insurance Company continues to be a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Liberty Mutual Fire Insurance Company'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
Liberty Mutual Fire Insurance Company's score of 59 is higher than 76% 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 Fire Insurance Company currently does not have specific carbon emissions data available, as indicated by the absence of emissions figures. The company is a current subsidiary of Liberty Mutual Group Inc., which may influence its climate commitments and initiatives. As part of its corporate family, emissions data and climate performance metrics may be inherited from Liberty Mutual Holding Company Inc. at a cascade level of three. However, no specific reduction targets or achievements have been documented for Liberty Mutual Fire Insurance Company, nor are there any commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) that are explicitly mentioned. In the broader context of the insurance industry, companies are increasingly recognising the importance of addressing climate change and reducing carbon footprints. While Liberty Mutual Fire Insurance Company has not disclosed specific initiatives or targets, it is likely that it aligns with the sustainability goals of its parent organisation, Liberty Mutual Group Inc., which may include commitments to reducing emissions and enhancing climate resilience. Overall, without specific emissions data or reduction targets, Liberty Mutual Fire Insurance Company's climate commitments remain unclear, but the company is part of a larger movement within the insurance sector towards sustainability and climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 36,857,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 90,353,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Liberty Mutual Fire Insurance Company's Industry?
How Carbon Intensive is Liberty Mutual Fire Insurance Company's Location?
Liberty Mutual Fire Insurance Company's Scope 3 Categories Breakdown
Liberty Mutual Fire Insurance Company's Scope 3 emissions, which decreased by 7% last year and increased by approximately 46% since 2022, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 48% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 98% of Scope 3 emissions.
Top Scope 3 Categories
Liberty Mutual Fire Insurance Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Liberty Mutual Fire Insurance Company has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
