Aflac Inc
Aflac's GHG Emissions Data Preview
In 2023, Aflac completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Aflac has also provided a category-level breakdown for 14 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
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Verified Sources Behind Aflac’s Greenhouse Gas (GHG) Emissions Data
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Insights into Aflac's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Aflac amounted to 11,061 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Aflac increased by 0.31%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
Aflac's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Aflac's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Aflac were 3,499 metric tons of CO₂ equivalent (tCO₂e). a
Has Aflac reduced its Scope 1 emissions over time?
Since 2019, Aflac's Scope 1 emissions have decreased by 13.6%, reflecting a declining long-term trend in Scope 1 emissions over time. a d
Compared to the previous year (2022), Aflac's Scope 1 emissions increased by 32.89%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
What are Aflac's Scope 2 emissions?
In 2023, Aflac reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 7,562 tCO₂e using the location-based method. a
Has Aflac reduced its Scope 2 emissions over time?
Since 2019, Aflac's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 41.87%, reflecting a declining long-term trend in Scope 2 emissions over time. a d
Compared to the previous year (2022), Aflac's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Aflac 's emissions have plateaued with no significant change in its energy consumption footprint. a b
What methodology does Aflac use for Scope 2 reporting?
In 2023, Aflac reported its Scope 2 emissions using the market-based method and using the location-based method. a
Aflac's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Aflac's Value Chain Emissions
In 2023, Aflac reported 208,401 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Aflac includes a breakdown across 14 of the 15 Scope 3 categories defined by the GHG Protocol, up from 6 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Aflac's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Aflac's Scope 3 emissions?
In 2023, Aflac reported total Scope 3 emissions of 208,401 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Aflac reduced its Scope 3 emissions over time?
Since 2019, Aflac's Scope 3 emissions have increased by 954.29%, reflecting a rising long-term trend in Scope 3 emissions over time. a d
Compared to the previous year (2022), Aflac's Scope 3 emissions increased by 581.52%, suggesting that the company faced challenges in reducing emissions across its value chain. a b
What categories of Scope 3 emissions does Aflac disclose?
In 2023, Aflac reported emissions for 14 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Aflac's Scope 3 emissions?
In 2023, the largest contributors to Aflac's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 170,565 tCO₂e (81.84%)
- Business Travel (Cat. 6): 11,069 tCO₂e (5.31%)
- Upstream Transportation and Distribution (Cat. 4): 7,038 tCO₂e (3.38%)
Aflac's Scope 3 Emissions by Categories
Insights into Aflac's Total Carbon Footprint
In 2023, Aflac reported a total carbon footprint of 219,462 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 427.48% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Aflac's total carbon footprint was Scope 3 emissions, accounting for 94.96% of the company's total carbon footprint, followed by Scope 2 emissions at 3.45%. a