Allstate

Allstate's reported carbon emissions

In 2023, Allstate reported total greenhouse gas emissions of approximately 2.5 billion kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions totalled about 29.3 million kg CO2e, Scope 2 emissions (market-based) were approximately 33.6 million kg CO2e, and Scope 3 emissions reached about 2.4 billion kg CO2e. Allstate has set ambitious climate commitments, aiming to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions by 2030. This commitment was announced at the end of 2022 and reflects the company's dedication to reducing its carbon footprint. Additionally, Allstate has established a target to reduce owned and leased building greenhouse gas emissions by 50% from a 2019 baseline by 2024, specifically addressing both Scope 1 and Scope 2 emissions. The company has made significant strides in its sustainability efforts, including a previous goal set in 2010 to achieve a 20% absolute energy-use reduction within its owned portfolio by 2020, which covered approximately 39% of all locations at that time. Allstate's emissions data is sourced from The Allstate Corporation, and the company is not part of a cascading emissions data structure. This positions Allstate as a proactive player in the insurance industry, committed to addressing climate change through measurable targets and initiatives.