Minnesota Mutual Companies, Inc.
Minnesota Mutual Companies, Inc., commonly referred to as Minnesota Mutual, is a prominent player in the insurance and financial services industry, headquartered in the United States. Established in 1880, the company has a rich history of providing innovative solutions in life insurance, annuities, and investment products, catering primarily to individuals and families across the Midwest and beyond. With a commitment to customer-centric service, Minnesota Mutual distinguishes itself through its tailored financial products designed to meet diverse client needs. The company has achieved significant milestones, including a strong market position bolstered by its reputation for reliability and financial strength. As a trusted provider, Minnesota Mutual continues to evolve, ensuring that it remains at the forefront of the insurance landscape while delivering exceptional value to its policyholders.
DitchCarbon Score
How does Minnesota Mutual Companies, Inc.'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
Minnesota Mutual Companies, Inc.'s score of 27 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Minnesota Mutual Companies, Inc.'s reported carbon emissions
In 2024, Minnesota Mutual Companies, Inc. reported total carbon emissions of approximately 8,797,000 kg CO2e. This figure includes 983,000 kg CO2e from Scope 1 emissions and 7,814,000 kg CO2e from Scope 2 emissions, based on location. The previous year, 2023, saw total emissions of about 10,396,000 kg CO2e, with Scope 1 emissions at 1,130,000 kg CO2e and Scope 2 emissions at 9,266,000 kg CO2e (location-based). In 2022, emissions were higher at approximately 11,643,000 kg CO2e, with Scope 1 at 1,126,000 kg CO2e and Scope 2 at 10,517,000 kg CO2e. Despite these figures, Minnesota Mutual Companies, Inc. has not set specific reduction targets or initiatives, nor do they participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the value chain. Overall, while Minnesota Mutual Companies, Inc. has made strides in tracking and reporting emissions, their lack of defined reduction targets indicates an area for potential improvement in their climate commitments.
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| 2020 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 1,016,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 5,525,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - |
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.
Minnesota Mutual Companies, Inc. 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.
