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.
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.
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 Insurance's score of 33 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Liberty Mutual Insurance reported total carbon emissions of approximately 66,636,000 kg CO2e, comprising 30,162,000 kg CO2e from Scope 1, 31,731,000 kg CO2e from market-based Scope 2, and 46,240,000 kg CO2e from Scope 3 emissions. This reflects a slight increase in Scope 1 emissions compared to 2022, which recorded 29,236,000 kg CO2e, while Scope 2 emissions decreased from 36,791,000 kg CO2e in 2022. The total emissions for 2022 were about 69,766,000 kg CO2e. Liberty Mutual has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company has disclosed emissions across all three scopes, demonstrating transparency in its climate impact reporting. The data highlights the significant contribution of Scope 3 emissions, which are often the largest portion of a company's carbon footprint, underscoring the importance of addressing these emissions in future climate strategies.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 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 | 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 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.