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 46,845,000 kg CO2e for Scope 1 and 2 combined, with Scope 1 emissions at about 22,717,000 kg CO2e and Scope 2 emissions (market-based) at around 24,128,000 kg CO2e. The company also disclosed Scope 3 emissions of approximately 43,117,000 kg CO2e, primarily from business travel, which accounted for about 42,442,000 kg CO2e. Comparatively, in 2023, Liberty Mutual's total emissions for Scope 1 and 2 were about 61,893,000 kg CO2e, with Scope 1 emissions at approximately 30,162,000 kg CO2e and Scope 2 emissions (market-based) at around 31,731,000 kg CO2e. Scope 3 emissions for that year were approximately 46,240,000 kg CO2e. 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 and aligns with industry standards for climate action. The reduction targets are significant, indicating a proactive approach to managing and mitigating carbon emissions. Overall, Liberty Mutual's emissions data and reduction initiatives demonstrate a clear commitment to sustainability and climate responsibility within the insurance industry.
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.