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.
How does Progressive'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.
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.
Progressive's score of 36 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Progressive reported total carbon emissions of approximately 74,511,000 kg CO2e, comprising 31,662,000 kg CO2e from Scope 1 and 12,750,000 kg CO2e from Scope 2 (market-based). This marks a slight decrease from 2022, where emissions were about 80,000,000 kg CO2e, with 31,896,000 kg CO2e from Scope 1 and 16,553,000 kg CO2e from Scope 2 (market-based). Progressive has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has reported emissions data for both Scope 1 and Scope 2, indicating a focus on direct and indirect emissions from its operations. Overall, Progressive's emissions per million policies in force have shown variability, with a notable reduction from 0.019 kg CO2e in 2008 to 0.008 kg CO2e in 2020, reflecting an ongoing effort to improve sustainability practices. As the company continues to evolve its climate strategy, further transparency regarding specific reduction targets and initiatives would enhance its commitment to addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 26,992,000 | 00,000,000 | 00,000,000 |
Scope 2 | 21,985,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - |
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.
Progressive is not committed to any reduction initiatives 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.