Liberty Mutual Insurance
Liberty Mutual Insurance, a prominent player in the insurance industry, is headquartered in the United States and operates extensively across North America and beyond. Founded in 1912, the company has achieved significant milestones, including its expansion into various insurance sectors and the development of innovative products tailored to meet diverse customer needs. Specialising in personal and commercial insurance, Liberty Mutual offers a range of core services, including auto, home, and life insurance, as well as specialised coverage for businesses. What sets them apart is their commitment to customer-centric solutions and flexible policy options that cater to individual circumstances. With a strong market position, Liberty Mutual is recognised for its financial strength and reliability, consistently ranking among the top insurers in the nation. Their dedication to providing comprehensive coverage and exceptional service has solidified their reputation as a trusted choice for millions of policyholders.
DitchCarbon Score
How does Liberty Mutual Insurance'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
Liberty Mutual Insurance's score of 32 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Liberty Mutual Insurance's reported carbon emissions
In 2023, Liberty Mutual Insurance reported total carbon emissions of approximately 66,636,000 kg CO2e, with Scope 2 emissions accounting for about 31,731,000 kg CO2e (market-based) and 36,474,000 kg CO2e (location-based). The company has not disclosed any Scope 1 emissions data for this year. In 2022, the total emissions were significantly higher at approximately 243,797,810 kg CO2e, comprising 20,974,035 kg CO2e from Scope 1, 47,245,570 kg CO2e from Scope 2, and a substantial 206,476,110 kg CO2e from Scope 3 emissions. This indicates a notable shift in emissions profile, particularly in Scope 2, which suggests ongoing efforts to manage and reduce energy-related emissions. Liberty Mutual's emissions data is cascaded from its parent company, Liberty Mutual Group Inc., reflecting a corporate family relationship. However, the company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Overall, while Liberty Mutual Insurance has made strides in reporting its emissions, the absence of defined reduction targets highlights the need for a more structured approach to climate commitments moving forward.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 39,695,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 2 | 80,686,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 33,373,000 | 00,000,000 | - | 0,000,000 | 0,000,000 | 000,000,000 | - |
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.
Liberty Mutual Insurance 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.
