Loews Sustainability Profile
Loews Corporation, commonly referred to as Loews, is a diversified holding company headquartered in the United States. Founded in 1968, Loews has established a strong presence across various sectors, including insurance, hospitality, and energy. The company operates major subsidiaries such as CNA Financial Corporation and Loews Hotels, with significant operations in North America. Loews is renowned for its unique blend of core services, offering premium hotel accommodations and comprehensive insurance solutions. Its hotels are distinguished by exceptional customer service and strategic locations, appealing to both leisure and business travellers. With a robust market position, Loews has consistently achieved notable milestones, including recognition for its sustainable practices and commitment to quality. This multifaceted approach has solidified Loews as a leader in its industry, reflecting its dedication to innovation and excellence.
DitchCarbon Score
How does Loews'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 Financial Intermediation 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
Loews's score of 33 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Loews's reported carbon emissions
In 2023, Loews Corporation reported total carbon emissions of approximately 2,101,553,000 kg CO2e for Scope 1 and 99,606,000 kg CO2e for Scope 2, resulting in a combined total of about 2,201,159,000 kg CO2e. This marks a reduction from 2022, where emissions were approximately 2,194,584,000 kg CO2e for Scope 1 and 70,481,000 kg CO2e for Scope 2, totalling around 2,265,065,000 kg CO2e. In 2021, the company reported even higher emissions, with Scope 1 at about 2,774,678,000 kg CO2e and Scope 2 at 103,970,000 kg CO2e, leading to a total of approximately 2,878,649,000 kg CO2e. Loews has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is sourced directly from Loews Corporation, with no cascaded data from a parent or related organization. The company continues to monitor its emissions and is committed to improving its environmental performance, although specific strategies or commitments have not been detailed.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 2,774,678,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 103,970,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Loews's Industry?
How Carbon Intensive is Loews's Location?
Loews'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.
Loews 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.
