State Auto Financial Corporation Sustainability Profile
State Auto Financial Corporation, commonly referred to as State Auto, is a prominent player in the insurance industry, headquartered in the United States. Founded in 1921, the company has established a strong presence across various operational regions, focusing primarily on personal and commercial property and casualty insurance. State Auto offers a range of core products, including auto, home, and business insurance, distinguished by their commitment to customer service and innovative solutions. The company has achieved notable milestones, such as expanding its market reach and enhancing its digital capabilities, positioning itself as a trusted provider in the insurance sector. With a reputation for reliability and a customer-centric approach, State Auto continues to solidify its market position, serving clients with tailored insurance solutions that meet their unique needs.
DitchCarbon Score
How does State Auto Financial Corporation'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
State Auto Financial Corporation's score of 59 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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State Auto Financial Corporation, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Liberty Mutual Group Inc., which may influence its climate strategies and commitments. While there are no documented reduction targets or climate pledges from State Auto Financial Corporation, it is important to note that emissions data and performance metrics may be inherited from its parent company, Liberty Mutual Holding Company Inc. This relationship suggests that any climate initiatives or targets may align with those set by Liberty Mutual, although specific details are not provided. As a part of the insurance industry, State Auto Financial Corporation is likely to be influenced by broader sector trends towards sustainability and carbon reduction, but without explicit commitments or data, the company's individual climate impact remains unclear.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 36,857,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 90,353,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is State Auto Financial Corporation's Industry?
How Carbon Intensive is State Auto Financial Corporation's Location?
State Auto Financial Corporation's Scope 3 Categories Breakdown
State Auto Financial Corporation's Scope 3 emissions, which decreased by 7% last year and increased by approximately 46% since 2022, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 48% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 98% of Scope 3 emissions.
Top Scope 3 Categories
State Auto Financial Corporation'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.
State Auto Financial Corporation 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.
