State Farm
Sustainability Report and Carbon Intensity Rankings
Is State Farm doing their part?
Their DitchCarbon score is 51
State Farm has a DitchCarbon Score of 51, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of the greenhouse gases emitted relative to the value they provide. A score of 51 suggests that State Farm is making progress but still has room for improvement in reducing its carbon intensity.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
State Farm operates in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
State Farm, located in the United States, benefits from a low carbon intensity rating in the region, indicating a favorable environmental impact. This suggests that the company’s sustainability efforts are supported by the country’s overall lower carbon emissions.
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– Historical Scope 1, 2 and 3 emissions
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Unlock 30+ emissions data points on State Farm
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
0.17%
...this company is doing 0.17% better in emissions than the industry average.
State Farm, founded in 1922 and headquartered in Bloomington, operates in the US finance sector as a leading insurance provider. As a mutual company, it focuses on serving its policyholder members rather than investor demands. Offering a wide range of insurance services, State Farm is renowned for insuring more cars and homes than any other company in the United States and for its strong tradition of customer commitment and innovation.
emission intelligence's platform recommendations for State Farm
State Farm could reduce its emissions by transitioning to renewable energy sources for all purchased electricity, heat, steam, and cooling, which could potentially lower their emissions by 30%.
Good news, State Farm has embraced SBTi climate commitments
State Farm has pledged to set science-based targets through the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions in line with climate science. This commitment means the company will develop a detailed plan to significantly cut its carbon footprint in a way that contributes to limiting global warming.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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