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Public Profile
Insurance Services
US
updated 3 days ago

State Farm

Company website

State Farm Mutual Automobile Insurance Company, commonly known as State Farm, is a leading provider of insurance and financial services headquartered in the United States. Founded in 1922, the company has grown to become one of the largest insurers in the nation, with a strong presence in auto, home, and life insurance sectors. With its headquarters in Bloomington, Illinois, State Farm operates extensively across the US, serving millions of customers through a vast network of agents. The company is renowned for its commitment to customer service and innovative products, including unique offerings like the State Farm Drive Safe & Save programme, which rewards safe driving habits. State Farm's market position is bolstered by its extensive financial strength and a reputation for reliability, making it a trusted choice for individuals and families seeking comprehensive insurance solutions.

DitchCarbon Score

How does State Farm'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.

28

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.

28

Industry Benchmark

State Farm's score of 28 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

53%

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State Farm's reported carbon emissions

In 2023, State Farm reported total market-based greenhouse gas (GHG) emissions of approximately 100,492,000 kg CO2e, a decrease from about 108,842,000 kg CO2e in 2022 and 125,522,000 kg CO2e in 2021. This data reflects emissions from Scope 1 and 2, which encompass direct emissions from owned or controlled sources and indirect emissions from the generation of purchased electricity, respectively. State Farm has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 GHG emissions by 50% by 2030, using 2019 as the baseline year. This target underscores the company's dedication to mitigating its environmental impact and aligns with industry standards for climate action. The emissions data is not cascaded from any parent organization, indicating that State Farm's reporting is independent. The company continues to focus on sustainability initiatives as part of its broader corporate responsibility strategy.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20192020202120222023
Scope 1
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Scope 2
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Scope 3
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Industry emissions intensity

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Some industries are more carbon intensive than others. State Farm's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
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Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for State Farm is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

State Farm is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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