Selective Insurance Sustainability Profile
Selective Insurance Group, Inc., commonly referred to as Selective Insurance, is a prominent player in the property and casualty insurance industry, headquartered in Branchville, New Jersey, USA. Founded in 1926, the company has established a strong presence across various regions, including the Northeast, Mid-Atlantic, and parts of the Midwest. Selective Insurance offers a diverse range of insurance products, including personal, commercial, and specialty lines. What sets them apart is their commitment to tailored solutions and exceptional customer service, ensuring clients receive coverage that meets their unique needs. With a focus on innovation and risk management, Selective Insurance has garnered a solid market position, recognised for its financial strength and reliability. The company continues to achieve notable milestones, reinforcing its reputation as a trusted insurance provider in the United States.
DitchCarbon Score
How does Selective Insurance'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
Selective Insurance's score of 46 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Selective Insurance's reported carbon emissions
In 2024, Selective Insurance reported total carbon emissions of approximately 2,226,000,000 kg CO2e for Scope 1 and about 2,890,000,000 kg CO2e for Scope 2, resulting in combined Scope 1 and 2 emissions of around 5,116,000,000 kg CO2e. This marks a significant increase from 2023, where emissions were approximately 2,632,000,000 kg CO2e for Scope 1 and 3,122,000,000 kg CO2e for Scope 2, totalling about 5,754,000,000 kg CO2e. Selective Insurance has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions to near zero by 2025. This commitment is part of their near-term strategy initiated in 2023. Notably, they achieved a reduction of approximately 12% in their overall Scope 1 and 2 emissions for 2022 compared to a 2019 baseline. The company does not currently disclose Scope 3 emissions data, which is often a significant component of total corporate emissions. Their emissions data is sourced directly from Selective Insurance Group, Inc., with no cascaded data from a parent or related organisation. Overall, Selective Insurance is actively working towards substantial emissions reductions while maintaining transparency in their climate impact reporting.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,690,000 | 0,000,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 3,527,000 | 0,000,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | - |
How Carbon Intensive is Selective Insurance's Industry?
How Carbon Intensive is Selective Insurance's Location?
Selective Insurance'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.
Selective Insurance 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.
