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OrganisationsLiberty Mutual Insurance
Liberty Mutual Insurance logo

Liberty Mutual Insurance

Insurance ServicesUnited States
Last verified 3 days agolibertymutualgroup.com

Liberty Mutual Insurance, a prominent player in the insurance and pension funding services sector, is headquartered in the United States. Founded in 1912, the company has established itself as a leader in providing a diverse range of insurance products, including auto, home, and life insurance, as well as specialised commercial insurance solutions.

With a strong presence across major operational regions in North America and beyond, Liberty Mutual is recognised for its commitment to customer service and innovative coverage options. The company has achieved significant milestones, including its ranking among the Fortune 100 companies, reflecting its robust market position. Liberty Mutual's unique offerings, such as personalised insurance policies and a focus on risk management, set it apart in a competitive industry, making it a trusted choice for individuals and businesses alike.

49
DitchCarbon score

+12 vs industry average

Liberty Mutual Insurance’s score of 49 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Insurance Services is among the least carbon-intensive industries

Industry performance

0.029
20192025

The Insurance Services industry has reduced its overall emissions by 7% since 2019

Emissions trajectory 2020 – 2027

000.0M000.0M00.0M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Liberty Mutual Insurance's reported carbon emissions

Liberty Mutual Insurance (US) is committed to reducing its carbon footprint. For 2024, the company reported total emissions of approximately 89.9 billion kg CO2e, encompassing Scope 1, Scope 2 (market-based), and Scope 3 emissions. Scope 1 emissions were approximately 22.7 million kg CO2e, Scope 2 market-based emissions were about 24.1 million kg CO2e, and Scope 3 emissions totalled around 43.1 million kg CO2e. Looking at prior years, in 2023, Liberty Mutual reported total emissions of approximately 120.4 billion kg CO2e. This included Scope 1 emissions of about 30.2 million kg CO2e, Scope 2 market-based emissions of approximately 31.7 million kg CO2e, and Scope 3 emissions of around 46.2 million kg CO2e. In 2022, total emissions were approximately 100.8 billion kg CO2e, with Scope 1 at about 29.2 million kg CO2e, Scope 2 market-based at roughly 36.8 million kg CO2e, and Scope 3 at approximately 29.5 million kg CO2e. Liberty Mutual Insurance aims to reduce its Scope 1 and 2 emissions by 65% from 2019 levels by 2030. This target is a near-term, absolute reduction initiative. The emissions data for Liberty Mutual Insurance is inherited from its parent organisation, Liberty Mutual Insurance Company, indicating a cascaded approach to reporting.

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Liberty Mutual Insurance’s Climate Goals (2030 & 2050)

2 goals

2030

65% reduction in Scope 1

We will continue to contribute toward a low-carbon future as we aim to further reduce Scope 1 and 2 emissions by 65% from 2019 levels by 203…

At risk65%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

2 of 15 categories disclosed
Business Travel98%
Waste Generated in Operations2%
Business Travel98%
Waste Generated in Operations2%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

Inherited from Liberty Mutual Group Inc.
See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Liberty Mutual Insurance logoLiberty Mutual Insurance
USInsurance Services
3 days ago
49
Zurich logoZurich
CHBusiness Services
4 days ago
100
View
Axa logoAxa
FRInsurance Services
10 days ago
100
View
Houston Casualty Company logoHouston Casualty Company
USInsurance Services
3 months ago
55
View
Chubb logoChubb
USBusiness Services
2 days ago
54
View
Hartford logoHartford
USInsurance Services
15 days ago
51
View
Chubb Corporation logoChubb Corporation
USInsurance Services
22 days ago
48
View

Usage policy

You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

Where does DitchCarbon
data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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Ditchcarbonv260319.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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London W1W 5PF

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