Travelers Insurance Group Holdings Inc. Sustainability Profile
Travelers Insurance Group Holdings Inc., commonly referred to as Travelers, is a leading provider of property and casualty insurance headquartered in the United States. Established in 1853, the company has a rich history marked by significant milestones, including its expansion into various operational regions across North America. Specialising in a wide range of insurance products, Travelers offers unique solutions in personal, commercial, and specialty insurance. Their core services include auto, home, and business insurance, distinguished by innovative risk management strategies and a commitment to customer service. With a strong market position, Travelers is recognised for its financial stability and has received numerous accolades for its industry leadership. The company continues to adapt to evolving market demands, ensuring it remains a trusted choice for millions of policyholders.
DitchCarbon Score
How does Travelers Insurance Group Holdings Inc.'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 Insurance Group Holdings Inc.'s score of 80 is higher than 89% 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 Insurance Group Holdings Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of The Travelers Companies, Inc., any emissions data or climate commitments would be inherited from this parent organisation. The Travelers Companies, Inc. has made significant strides in addressing climate change, including setting science-based targets for emissions reductions. However, specific reduction targets or achievements for Travelers Insurance Group Holdings Inc. are not detailed in the available information. As part of its climate strategy, Travelers Insurance Group Holdings Inc. aligns with initiatives such as the Science Based Targets initiative (SBTi) and the RE100 commitment, which focus on transitioning to renewable energy and reducing carbon footprints. The cascading of data and initiatives from The Travelers Companies, Inc. indicates a commitment to sustainability at multiple levels within the corporate structure. In summary, while specific emissions data for Travelers Insurance Group Holdings Inc. is not available, the company is part of a broader corporate commitment to climate action through its relationship with The Travelers Companies, Inc.
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| 2011 | 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 |
| 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 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Travelers Insurance Group Holdings Inc.'s Industry?
How Carbon Intensive is Travelers Insurance Group Holdings Inc.'s Location?
Travelers Insurance Group Holdings Inc.'s Scope 3 Categories Breakdown
Travelers Insurance Group Holdings Inc.'s Scope 3 emissions, which increased by 18% last year and increased by approximately 9% since 2018, 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 35% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Travelers Insurance Group Holdings Inc.'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.
Travelers Insurance Group Holdings Inc. 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.
