Travelers
Travelers Companies, Inc., commonly known as Travelers, is a leading provider of property and casualty insurance headquartered in New York City, US. Founded in 1853, the company has established a strong presence across North America, with significant operations in the United States and Canada. Specialising in a diverse range of insurance products, including personal, commercial, and specialty lines, Travelers is renowned for its innovative risk management solutions and exceptional customer service. The company has achieved notable milestones, such as being listed on the Fortune 500 and consistently earning high ratings for financial strength. With a commitment to leveraging technology and data analytics, Travelers stands out in the insurance industry, ensuring tailored coverage that meets the evolving needs of its clients. Its market position is further solidified by a reputation for reliability and a robust claims handling process.
DitchCarbon Score
How does Travelers'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
Travelers's score of 76 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Travelers's reported carbon emissions
In 2024, Travelers reported total carbon emissions of approximately 38,007,000 kg CO2e, comprising 19,069,000 kg CO2e from Scope 1 and 18,938,000 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions from business travel accounted for about 20,210,000 kg CO2e. This reflects a slight decrease in Scope 1 emissions from 2023, where total emissions were approximately 38,635,000 kg CO2e, with Scope 1 at 19,586,000 kg CO2e and Scope 2 at 19,049,000 kg CO2e. Travelers has made significant strides in reducing its carbon footprint, having set a target to reduce absolute Scope 1 and 2 emissions by 40% by 2020 from a 2011 baseline. By the end of 2020, the company exceeded this goal, achieving a 54% reduction. As of 2024, Travelers has further improved its performance, reporting a total reduction of 55% in Scope 1 and 2 emissions since 2011. Looking ahead, Travelers has committed to ambitious long-term targets, aiming for a 90% reduction in Scope 1, 2, and 3 emissions by 2050, based on a 2019 baseline. Near-term targets include a 46.2% reduction in absolute Scope 1 and 2 emissions by 2030 and a 27.5% reduction in Scope 3 emissions within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to achieving net-zero emissions across its value chain by 2050. Travelers' emissions data and climate commitments are sourced from its parent company, The Travelers Companies, Inc., ensuring a comprehensive approach to sustainability and climate action.
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| 2011 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 37,436,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 47,167,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Travelers is participating in some 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.
