Allstate Corp

Common Name
Allstate
Country
United States
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
55,000
Ticker
ALL
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Allstate Corporation is a leading insurance provider primarily focused on offering a broad range of protection products and services for individuals and businesses in the United States. Established in...

Allstate's GHG Emissions Data Preview

In 2022, Allstate 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).

Allstate has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Allstate's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of Allstate amounted to 109,284 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).

Compared to 2021, the total operational greenhouse gas (GHG) emissions of Allstate increased by 21.07%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Allstate's Scope 1 Emissions Over Time

20182019202020212022015 k30 k45 k60 ktCO2e-15%-47%0%+84%
  • Total Scope 1
  • Year-over-Year Change

What are Allstate's Scope 1 emissions?

In 2022, the total Scope 1 emissions of Allstate were 38,610 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Allstate reduced its Scope 1 emissions over time?

Since 2018, Allstate's Scope 1 emissions have decreased by 16%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2021), Allstate's Scope 1 emissions increased by 84.45%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Allstate's Scope 2 emissions?

In 2022, Allstate reported Scope 2 greenhouse gas (GHG) emissions of 54,911 tCOâ‚‚e using the market-based method and 70,674 tCOâ‚‚e using the location-based method.

Has Allstate reduced its Scope 2 emissions over time?

Since 2018, Allstate's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 14.73%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2021), Allstate's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Allstate 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Allstate use for Scope 2 reporting?

In 2022, Allstate reported its Scope 2 emissions using the market-based method and using the location-based method.

Allstate's Scope 2 Emissions Over Time

20182019202020212022025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Allstate's Value Chain Emissions

In 2022, Allstate reported 542,469 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2022 disclosure of Allstate includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2021, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Allstate's Scope 3 Emissions Over Time

201820192020202120220150 k300 k450 k600 ktCO2e-9%+1077%+6%+4%
  • Total Scope 3
  • Year-over-Year Change

What are Allstate's Scope 3 emissions?

In 2022, Allstate reported total Scope 3 emissions of 542,469 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.16% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.84% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Allstate reduced its Scope 3 emissions over time?

Since 2018, Allstate's Scope 3 emissions have increased by 1,072.09%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2021), Allstate's Scope 3 emissions remained relatively stable, indicating that Allstate 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Allstate disclose?

In 2022, Allstate reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Allstate's Scope 3 emissions?

In 2022, the largest contributors to Allstate's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 444,869 tCOâ‚‚e (82.01%)
  • Fuel- and Energy-Related Services (Cat. 3): 30,465 tCOâ‚‚e (5.62%)
  • Capital Goods (Cat. 2): 24,780 tCOâ‚‚e (4.57%)

Allstate's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(5.6%)Capital Goods(Cat. 2)(4.6%)Purchased Goods andServices (Cat. 1)(82.0%)

Insights into Allstate's Total Carbon Footprint

In 2022, Allstate reported a total carbon footprint of 651,753 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.22% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Allstate's total carbon footprint was Scope 3 emissions, accounting for 83.23% of the company's total carbon footprint, followed by Scope 2 emissions at 10.84%.

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