National Farmers Union Mutual Insurance Society
National Farmers Union Mutual Insurance Society, commonly known as NFU Mutual, is a leading provider of insurance and financial services in Great Britain. Headquartered in Stratford-upon-Avon, NFU Mutual operates extensively across rural and agricultural regions, catering primarily to the farming community. Founded in 1910, NFU Mutual has established itself as a trusted name in the insurance industry, offering a range of products including farm insurance, home insurance, and commercial insurance. What sets NFU Mutual apart is its deep understanding of the agricultural sector, allowing it to provide tailored solutions that meet the unique needs of its clients. With a strong market position, NFU Mutual has received numerous accolades for its customer service and claims handling, reinforcing its commitment to supporting farmers and rural businesses. As a mutual organisation, it prioritises the interests of its members, ensuring a customer-centric approach in all its operations.
DitchCarbon Score
How does National Farmers Union Mutual Insurance Society'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
National Farmers Union Mutual Insurance Society's score of 43 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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National Farmers Union Mutual Insurance Society's reported carbon emissions
In 2023, the National Farmers Union Mutual Insurance Society (NFU Mutual) reported total carbon emissions of approximately 4,325,000 kg CO2e. This figure includes 3,321,000 kg CO2e from Scope 1 emissions, 1,041,000 kg CO2e from Scope 2 emissions, and 894,000 kg CO2e from Scope 3 emissions, specifically from upstream transportation and distribution. NFU Mutual has set ambitious climate commitments, aiming for a 25% reduction in its overall emissions by 2025 and a 50% reduction by 2030, using 2019 as the baseline year. The organisation's long-term goal is to achieve Net Zero emissions by 2050. These targets encompass all scopes of emissions, reflecting a comprehensive approach to climate action. In comparison, emissions data from previous years shows a slight increase in total emissions from 2022, which were about 4,017,000 kg CO2e, and from 2021, which were approximately 3,012,000 kg CO2e. This indicates a need for NFU Mutual to accelerate its reduction initiatives to meet its stated targets. Overall, NFU Mutual's commitment to reducing its carbon footprint aligns with industry standards and reflects a proactive stance towards climate change mitigation.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,893,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,554,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 159,000 | 000,000 | 000,000 | 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.
National Farmers Union Mutual Insurance Society 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.
