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State Farm Mutual Automobile Insurance Company, universally recognised as State Farm, is a prominent insurance and financial services provider. Established in 1922, its corporate headquarters are based in Bloomington, Illinois, USA, with extensive operations spanning across the United States.
Specialising within the insurance and pension funding services industry (SIC 66), State Farm offers a comprehensive array of products. These include crucial auto, home, life, and health insurance policies, alongside various financial services designed to protect individuals and families.
As the largest provider of both auto and home insurance in the US, State Farm is renowned for its reliable coverage and a commitment to personalised service through its expansive agent network. The organisation consistently delivers trusted solutions, empowering clients to manage risks and secure their financial futures effectively.
33
DitchCarbon score
-6 vs industry average
State Farm’s score of 33 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Insurance Services is among the least carbon-intensive industries
Industry performance
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
State Farm's reported carbon emissions
State Farm, headquartered in the US and operating in the Insurance and pension funding services industry, reported combined Scope 1 and 2 greenhouse gas emissions of approximately 90,523,000 kg CO2e in 2024. This follows approximately 100,492,000 kg CO2e in 2023, 108,842,000 kg CO2e in 2022, 125,522,000 kg CO2e in 2021, 173,144,000 kg CO2e in 2020, and 202,004,000 kg CO2e in 2019.
State Farm has set a near-term, absolute reduction goal to decrease its combined Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2019 as a baseline year. This target is aligned with the Science Based Targets initiative (SBTi) goal of limiting global temperature rise to 1.5 degrees Celsius. The company's emissions data and climate commitments are reported by State Farm Mutual Automobile Insurance Company.
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State Farm’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
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Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
State Farm16 days ago
33
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