Progressive Corporation, commonly known as Progressive, is a leading American insurance provider headquartered in Mayfield Village, Ohio. Founded in 1937, the company has established itself as a key player in the auto insurance industry, with significant operations across the United States.
Progressive is renowned for its innovative approach to insurance, offering a range of products including auto, home, and commercial insurance. Its unique features, such as the Snapshot programme, allow customers to save on premiums based on their driving habits.
With a strong market position, Progressive has consistently been recognised for its customer service and technological advancements, making it a preferred choice for millions of policyholders. The company continues to evolve, focusing on providing tailored insurance solutions that meet the diverse needs of its clients.
+1 vs industry average
Progressive’s score of 40 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Progressive's reported carbon emissions
In 2024, Progressive reported total carbon emissions of approximately 37,546,000 kg CO2e, comprising 32,281,000 kg CO2e from Scope 1 and 5,265,000 kg CO2e from Scope 2. The company has set an ambitious target to reduce its total Scope 1 and 2 emissions by 40% by 2030, using 2022 as the baseline year. This commitment reflects Progressive's proactive approach to addressing climate change and reducing its carbon footprint.
In previous years, emissions were recorded at approximately 44,412,000 kg CO2e in 2023 and approximately 82,439,000 kg CO2e in 2022, indicating a trend towards emissions reduction. However, data for Scope 3 emissions was not disclosed in 2023 and 2022, limiting the overall understanding of the company's full carbon impact.
Progressive's climate commitments are part of a broader industry movement towards sustainability, with many companies setting science-based targets to align with global climate goals. The emissions data is sourced from The Progressive Corporation, ensuring accuracy and consistency in reporting.
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Progressive’s Climate Goals (2030 & 2050)
2 goals2030
40% reduction in Scope 2
We are excited to share our new aspirational goal to reduce by 40% our total Scope 1 and 2 emissions by 2030, when compared to the 2022 base…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Progressive
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