Root Insurance Company Sustainability Profile
Root Insurance Company, often referred to simply as Root, is a pioneering insurtech firm headquartered in the United States. Founded in 2015, the company has rapidly established itself in the auto insurance industry, leveraging technology to offer personalised coverage based on individual driving behaviour. With a focus on transparency and fairness, Root's unique approach includes a mobile app that assesses driving habits, allowing for tailored premiums that reward safe drivers. Operating primarily across major regions in the US, Root has achieved significant milestones, including its public listing in 2020. The company’s core offerings include auto insurance and, more recently, homeowners insurance, setting it apart with its innovative use of data analytics. Root's commitment to customer-centric solutions has positioned it as a notable player in the evolving insurance landscape, appealing to a tech-savvy demographic seeking more equitable insurance options.
DitchCarbon Score
How does Root Insurance Company'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
Root Insurance Company's score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Root Insurance Company's reported carbon emissions
Root Insurance Company, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The company is a current subsidiary of Root, Inc., which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from Root Insurance Company, it is important to note that emissions data may be inherited from its parent company, Root, Inc. However, the details regarding emissions or climate initiatives from Root, Inc. have not been provided in this context. As a current subsidiary, Root Insurance Company may align its sustainability efforts with broader corporate strategies, but specific initiatives or targets have not been disclosed. The lack of emissions data and reduction commitments highlights a potential area for growth in transparency and accountability regarding climate impact.
How Carbon Intensive is Root Insurance Company's Industry?
How Carbon Intensive is Root Insurance Company's Location?
Root Insurance Company'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.
Root Insurance Company 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.
