Liberty Mutual Insurance
Liberty Mutual Insurance, a prominent player in the insurance industry, is headquartered in the United States and operates extensively across North America and beyond. Founded in 1912, the company has achieved significant milestones, including its expansion into various insurance sectors and the development of innovative products tailored to meet diverse customer needs. Specialising in personal and commercial insurance, Liberty Mutual offers a range of core services, including auto, home, and life insurance, as well as specialised coverage for businesses. What sets them apart is their commitment to customer-centric solutions and flexible policy options that cater to individual circumstances. With a strong market position, Liberty Mutual is recognised for its financial strength and reliability, consistently ranking among the top insurers in the nation. Their dedication to providing comprehensive coverage and exceptional service has solidified their reputation as a trusted choice for millions of policyholders.
DitchCarbon Score
How does Liberty Mutual Insurance'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 Insurance's score of 38 is higher than 57% 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 Insurance's reported carbon emissions
In 2023, Liberty Mutual Insurance reported total carbon emissions of approximately 66,636,000 kg CO2e, with emissions distributed across Scope 1 and 2 (20,974,035 kg CO2e for Scope 1 and 31,731,000 kg CO2e for Scope 2). Additionally, Scope 3 emissions were reported at about 46,240,000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, although specific reduction targets or initiatives were not disclosed. In 2022, the company’s total emissions were significantly higher, at approximately 243,797,810 kg CO2e, with Scope 1 emissions at about 20,974,035 kg CO2e, Scope 2 emissions at approximately 47,245,570 kg CO2e, and Scope 3 emissions reaching about 206,476,110 kg CO2e. This indicates a notable shift in emissions management strategies. Liberty Mutual's emissions data is cascaded from its parent company, Liberty Mutual Insurance Company, which is classified as a current subsidiary. The company has not specified any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges, indicating a potential area for future commitment. Overall, Liberty Mutual Insurance is actively engaged in tracking and reporting its carbon emissions, with a clear focus on Scope 2 and 3 emissions, while continuing to explore avenues for climate action and sustainability.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 39,695,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 2 | 80,686,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 33,373,000 | 00,000,000 | - | 0,000,000 | 0,000,000 | 000,000,000 | 00,000,000 |
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 Insurance 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.
