Liberty Mutual Group Inc. Sustainability Profile
Liberty Mutual Group Inc., commonly referred to 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 engagement further enhances its reputation as a responsible insurer in today's competitive landscape.
DitchCarbon Score
How does Liberty Mutual Group 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
Liberty Mutual Group Inc.'s score of 53 is higher than 69% 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 Group Inc.'s reported carbon emissions
In 2024, Liberty Mutual Group Inc. reported total carbon emissions of approximately 46,845,000 kg CO2e for Scope 1 and 2 combined (market-based), and about 43,117,000 kg CO2e for Scope 3 emissions. The breakdown includes 22,717,000 kg CO2e from Scope 1 and 24,128,000 kg CO2e from Scope 2 (market-based). In 2023, the company’s emissions were approximately 61,893,000 kg CO2e for Scope 1 and 2 combined (market-based) and about 46,240,000 kg CO2e for Scope 3, with Scope 1 emissions at 30,162,000 kg CO2e. Liberty Mutual's emissions data shows a significant focus on Scope 3 emissions, particularly from employee commuting, which accounted for approximately 42,442,000 kg CO2e in 2024 and 45,838,000 kg CO2e in 2023. The company has not publicly disclosed specific reduction targets or initiatives, indicating a potential area for future commitment. The emissions data is cascaded from Liberty Mutual Group Inc., reflecting its current subsidiary status. The company is actively engaged in climate-related initiatives, although specific reduction targets have not been outlined in the available data.
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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 Group Inc.'s Industry?
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Liberty Mutual Group Inc.'s Scope 3 Categories Breakdown
Liberty Mutual Group Inc.'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 Group Inc.'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 Group Inc. 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.
