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.
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.
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.
Selective Insurance's score of 19 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Selective Insurance reported total carbon emissions of approximately 5,493,000,000 kg CO2e, comprising about 2,158,000,000 kg CO2e from Scope 1 and about 3,335,000,000 kg CO2e from Scope 2 emissions. This marked a slight increase from 2021, where total emissions were about 5,054,000,000 kg CO2e, with Scope 1 emissions at approximately 1,784,000,000 kg CO2e and Scope 2 emissions at about 3,270,000,000 kg CO2e. Over the years, Selective Insurance has demonstrated a commitment to reducing its carbon footprint. From 2019 to 2022, the company has made notable progress in decreasing its Scope 1 emissions from about 2,690,000,000 kg CO2e to 2,158,000,000 kg CO2e. However, there are currently no specific reduction targets or climate pledges disclosed, indicating a potential area for future commitment. Overall, Selective Insurance's emissions data reflects a significant operational scale, with total revenues increasing from approximately 2,846,491,000 USD in 2019 to about 3,558,062,000 USD in 2022, suggesting a need for ongoing focus on sustainability and emissions reduction strategies in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 2,690,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 3,527,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Selective Insurance 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.