Liberty Mutual Insurance Europe Societas Europaea
Liberty Mutual Insurance Europe Societas Europaea, commonly referred to as Liberty Mutual Europe, is a prominent player in the insurance industry, headquartered in Luxembourg (LU). Established in 1912, the company has evolved significantly, expanding its operations across major European markets, including the UK, Germany, and France. Specialising in a diverse range of insurance products, Liberty Mutual Europe offers unique solutions in property, casualty, and specialty insurance. Their commitment to innovation and customer-centric services sets them apart in a competitive landscape. With a strong market position, the company has achieved notable milestones, including recognition for its robust claims handling and risk management services. Liberty Mutual Europe continues to uphold its reputation as a trusted insurer, dedicated to meeting the evolving needs of its clients across Europe.
DitchCarbon Score
How does Liberty Mutual Insurance Europe Societas Europaea'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 Europe Societas Europaea's score of 36 is higher than 55% 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 Europe Societas Europaea's reported carbon emissions
In 2023, Liberty Mutual Insurance Europe Societas Europaea reported total carbon emissions of approximately 7,404,000 kg CO2e. This figure includes 251,000 kg CO2e from Scope 1 emissions, 31,000 kg CO2e from Scope 2 (market-based), and a significant 7,122,000 kg CO2e from Scope 3 emissions, which primarily stem from business travel (6,545,000 kg CO2e) and employee commuting (575,000 kg CO2e). The company's global emissions for the same year totalled approximately 46,240,000 kg CO2e, with Scope 1 emissions at 30,162,000 kg CO2e, Scope 2 emissions (market-based) at 31,731,000 kg CO2e, and Scope 3 emissions at 46,240,000 kg CO2e. This data reflects a comprehensive approach to emissions reporting, covering all relevant scopes. Despite the detailed emissions reporting, Liberty Mutual Insurance Europe Societas Europaea has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The organisation's emissions data is not cascaded from a parent company, indicating that it operates independently in its emissions reporting and climate commitments. Overall, while the company provides extensive emissions data, it currently lacks defined climate commitments or reduction initiatives to address its carbon footprint.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 29,699,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 44,760,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 8,638,000 | 00,000,000 | 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 Europe Societas Europaea 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.
