Liberty Mutual Insurance Sustainability Profile
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 35 is higher than 53% 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, which includes 31,731,000 kg CO2e from Scope 2 emissions and 46,240,000 kg CO2e from Scope 3 emissions. The company has not disclosed any Scope 1 emissions data for this year. Comparatively, in 2022, the total emissions were about 24,379,781 kg CO2e, with Scope 1 emissions at 29,236,000 kg CO2e, Scope 2 emissions at approximately 47,245,570 kg CO2e, and Scope 3 emissions at 29,518,000 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. Liberty Mutual's emissions data is cascaded from its parent company, Liberty Mutual Insurance Company, and is part of a broader corporate family relationship with Liberty Mutual Group Inc. Despite the substantial emissions figures, there are currently no specific reduction targets or initiatives reported by the company, including those aligned with the Science Based Targets initiative (SBTi). The company’s commitment to addressing climate change is evident, but further details on specific reduction strategies or pledges are not available at this time.
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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 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Liberty Mutual Insurance's Industry?
How Carbon Intensive is Liberty Mutual Insurance's Location?
Liberty Mutual Insurance'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 Insurance 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.
