Liberty Mutual Holding Company Inc., commonly known as Liberty Mutual, is a prominent player in the global insurance industry, headquartered in the United States. Founded in 1912, the company has grown to become one of the largest property and casualty insurers in the world, with significant operations across North America, Europe, and Asia. Liberty Mutual offers a diverse range of insurance products, including personal and commercial auto, homeowners, and workers' compensation insurance. What sets them apart is their commitment to customer-centric solutions and innovative coverage options tailored to meet the evolving needs of policyholders. With a strong market position, Liberty Mutual has consistently been recognised for its financial strength and customer service excellence, making it a trusted choice for millions seeking reliable insurance solutions.
How does Liberty Mutual Holding Company 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.
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.
Liberty Mutual Holding Company Inc.'s score of 57 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Liberty Mutual Holding Company Inc. reported total carbon emissions of approximately 22,717,000 kg CO2e for Scope 1, 24,128,000 kg CO2e for Scope 2 (market-based), and 43,117,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions included about 42,442,000 kg CO2e from business travel and 675,000 kg CO2e from waste generated in operations. The combined total for Scope 1 and 2 emissions was approximately 46,845,000 kg CO2e (market-based). In 2023, the company’s emissions were higher, with Scope 1 at 30,162,000 kg CO2e, Scope 2 (market-based) at 31,731,000 kg CO2e, and Scope 3 at 46,240,000 kg CO2e. The total for Scope 1 and 2 emissions reached about 61,893,000 kg CO2e (market-based). Liberty Mutual has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 65% from 2019 levels by the year 2030. This commitment reflects the company's dedication to contributing to a low-carbon future. The reduction targets are classified as absolute and are applicable to both Scope 1 and Scope 2 emissions. The company has not reported any emissions data cascaded from a parent or related organization, indicating that all data is self-reported. Liberty Mutual's ongoing efforts and targets align with industry standards for climate action, demonstrating a proactive approach to managing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 29,236,000 | 00,000,000 | 00,000,000 |
Scope 2 | 36,791,000 | 00,000,000 | 00,000,000 |
Scope 3 | 29,519,000 | 00,000,000 | 00,000,000 |
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 Holding Company Inc. 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.