Wawanesa Mutual Insurance Company
Wawanesa Mutual Insurance Company, commonly referred to as Wawanesa, is a prominent player in the insurance industry, headquartered in California. Established in 1896, the company has a rich history of providing reliable insurance solutions across major operational regions, including Canada and the United States. Wawanesa offers a diverse range of products, including auto, home, and commercial insurance, distinguished by their commitment to customer service and competitive pricing. The company has achieved notable milestones, such as being one of the largest mutual insurance companies in North America, reflecting its strong market position and customer trust. With a focus on community and mutuality, Wawanesa continues to innovate within the insurance sector, ensuring tailored coverage for its clients.
DitchCarbon Score
How does Wawanesa Mutual Insurance Company'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
Wawanesa Mutual Insurance Company's score of 34 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wawanesa Mutual Insurance Company's reported carbon emissions
In 2023, Wawanesa Mutual Insurance Company reported total carbon emissions of approximately 2,088,800 kg CO2e from Scope 1 and 621,300 kg CO2e from Scope 2, resulting in a combined total of about 2,710,200 kg CO2e. This marks a significant reduction from 2019 levels, where total emissions were approximately 3,851,500 kg CO2e. Wawanesa has set ambitious climate commitments, aiming to reduce Scope 1 and Scope 2 emissions by 50% by 2030, using 2019 as the baseline year. Additionally, the company targets a 25% reduction in GHG emissions across its investment portfolios, including corporate bonds and equities, by 2030, based on 2021 levels. The company’s emissions profile shows a consistent effort to lower its carbon footprint, with Scope 1 emissions primarily from mobile and stationary combustion, and Scope 2 emissions entirely from purchased electricity. Wawanesa's proactive approach to sustainability reflects its commitment to addressing climate change and reducing its environmental impact.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,972,900 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 878,600 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - | - |
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.
Wawanesa Mutual Insurance Company 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.
