📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.

Assurant Inc

Common Name
Assurant
Country
United States
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
14,200
Ticker
AIZ
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Assurant Inc. is a premier provider of risk management solutions across a diverse array of sectors, particularly within the housing and lifestyle markets. Its primary function lies in delivering speci...

Assurant's GHG Emissions Data Preview

In 2024, Assurant 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).

Assurant has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
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.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Download Data
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=AIZ&reporting_period=2024"

Verified Sources Behind Assurant’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Assurant’s data sources below and access millions more through our Disclosure Search.

a. Assurant's Sustainability Report 2025
a. Assurant's Sustainability Report 2025
b. Assurant's CDP Climate sourced from company’s website 2021
b. Assurant's CDP Climate sourced from company’s website 2021

Insights into Assurant's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofAssurant amounted to11,589metric 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 2023, the total operational greenhouse gas (GHG) emissions of Assurantdecreased by 14.37%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Assurant's Scope 1 Emissions Over Time

20192020202120222023202405501.1 k1.65 k2.2 ktCO2e-44%+89%-29%-11%-4%
  • Total Scope 1
  • Year-over-Year Change

What are Assurant's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Assurant were 1,282 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Assurant reduced its Scope 1 emissions over time?

Since 2019, Assurant's Scope 1 emissions have decreased by 36.35%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Assurant's Scope 1 emissions decreased by 4.47%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Assurant's Scope 2 emissions?

In 2024, Assurant reported Scope 2 greenhouse gas (GHG) emissions of 11,018 tCOâ‚‚e using the market-based method and 10,307 tCOâ‚‚e using the location-based method.a

Has Assurant reduced its Scope 2 emissions over time?

Since 2019, Assurant's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 52.97%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Assurant's Scope 2 emissions(Location-Based) fell by 15.46% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Assurant use for Scope 2 reporting?

In 2024, Assurant reported its Scope 2 emissions using the market-based method and using the location-based method.a

Assurant's Scope 2 Emissions Over Time

20192020202120222023202406 k12 k18 k24 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Assurant's Value Chain Emissions

In 2024, Assurant reported 3,014,240 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Assurant includes a breakdown across 13of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Assurant's Scope 3 Emissions Over Time

202020212022202320240800 k1.6 M2.4 M3.2 MtCO2e+832%-7%+5%+5%
  • Total Scope 3
  • Year-over-Year Change

What are Assurant's Scope 3 emissions?

In 2024, Assurant reported total Scope 3 emissions of 3,014,240 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 7.89%of these emissions originated from upstream activities such as purchased goods and capital goods, while 92.11%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Assurant's Scope 3 emissions remained relatively stable, indicating that Assurant's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Assurant disclose?

In 2024, Assurant reported emissions for 13 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 Assurant's Scope 3 emissions?

In 2024, the largest contributors to Assurant's Scope 3 emissions were:a

  • Investments (Cat. 15): 2,715,059 tCOâ‚‚e(90.07%)
  • Purchased Goods and Services (Cat. 1): 201,001 tCOâ‚‚e(6.67%)
  • Use of Sold Products (Cat. 11): 58,512 tCOâ‚‚e(1.94%)

Assurant's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(6.7%)Investments(Cat. 15)(90.1%)Use of Sold Products(Cat. 11)(1.9%)

Insights into Assurant’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Assurant reported Scope 1 greenhouse gas (GHG) emissions of 1,282 tCOâ‚‚e and total revenues of USD 11,881 millions. This translates into an emissions intensity of 0.11 tCOâ‚‚e per millions USD.a

Assurant's Scope 1 Emissions Intensity Compared to Peers

1005002,00020,000100,000Scope 1 Emissions (tCO2e)2001,0005,00050,000200,000Revenues (Millions of USD)HPalomar HoldingsYear: 2024Scope 1: 222 tCO2eRevenue: $M 554Scope 1 Intensity: 0.40 tCO2e/$MHanover Insurance GroupYear: 2024Scope 1: 4,589 tCO2eRevenue: $M 6,216Scope 1 Intensity: 0.74 tCO2e/$MInvescoYear: 2024Scope 1: 585 tCO2eRevenue: $M 6,068Scope 1 Intensity: 0.10 tCO2e/$MAllstateYear: 2024Scope 1: 17,485 tCO2eRevenue: $M 64,118Scope 1 Intensity: 0.27 tCO2e/$MHHHorace Mann EducatorsYear: 2024Scope 1: 459 tCO2eRevenue: $M 1,550Scope 1 Intensity: 0.30 tCO2e/$MW R BerkleyYear: 2024Scope 1: 10,412 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.76 tCO2e/$MCNO Financial GroupYear: 2024Scope 1: 1,255 tCO2eRevenue: $M 4,446Scope 1 Intensity: 0.28 tCO2e/$MHartford Insurance GroupYear: 2024Scope 1: 5,981 tCO2eRevenue: $M 26,383Scope 1 Intensity: 0.23 tCO2e/$MRLIYear: 2023Scope 1: 304 tCO2eRevenue: $M 1,524Scope 1 Intensity: 0.20 tCO2e/$MLPL Financial HoldingsYear: 2023Scope 1: 893 tCO2eRevenue: $M 10,056Scope 1 Intensity: 0.09 tCO2e/$MRaymond James FinancialYear: 2022Scope 1: 392 tCO2eRevenue: $M 10,859Scope 1 Intensity: 0.04 tCO2e/$MSelective Insurance GroupYear: 2023Scope 1: 2,632 tCO2eRevenue: $M 4,232Scope 1 Intensity: 0.62 tCO2e/$MMastercardYear: 2024Scope 1: 2,962 tCO2eRevenue: $M 28,156Scope 1 Intensity: 0.11 tCO2e/$MRegions FinancialYear: 2024Scope 1: 6,004 tCO2eRevenue: $M 7,083Scope 1 Intensity: 0.85 tCO2e/$MAflacYear: 2024Scope 1: 2,850 tCO2eRevenue: $M 19,128Scope 1 Intensity: 0.15 tCO2e/$MBlackRockYear: 2024Scope 1: 7,188 tCO2eRevenue: $M 20,409Scope 1 Intensity: 0.35 tCO2e/$MCincinnati FinancialYear: 2024Scope 1: 14,273 tCO2eRevenue: $M 11,337Scope 1 Intensity: 1.26 tCO2e/$MLincoln NationalYear: 2024Scope 1: 2,137 tCO2eRevenue: $M 17,988Scope 1 Intensity: 0.12 tCO2e/$MAmeriprise FinancialYear: 2024Scope 1: 5,435 tCO2eRevenue: $M 17,265Scope 1 Intensity: 0.31 tCO2e/$MTravelers CompaniesYear: 2024Scope 1: 19,069 tCO2eRevenue: $M 46,430Scope 1 Intensity: 0.41 tCO2e/$MState StreetYear: 2024Scope 1: 4,813 tCO2eRevenue: $M 12,917Scope 1 Intensity: 0.37 tCO2e/$MReinsurance Group of AmericaYear: 2024Scope 1: 422 tCO2eRevenue: $M 21,979Scope 1 Intensity: 0.02 tCO2e/$MProgressiveYear: 2024Scope 1: 32,281 tCO2eRevenue: $M 75,335Scope 1 Intensity: 0.43 tCO2e/$MAssurantYear: 2024Scope 1: 1,282 tCO2eRevenue: $M 11,881Scope 1 Intensity: 0.11 tCO2e/$M

How does Assurant's GHG emissions intensity compare to its peers?

In 2024, Assurant reported a Scope 1 emissions intensity of 0.11 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.3, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Assurant rank on GHG emissions intensity within its industry?

In 2024, Assurant ranked 6 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Assurant is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Assurant's Total Carbon Footprint

In 2024, Assurant reported a total carbon footprint of 3,025,829 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.59% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Assurant's total carbon footprint was Scope 3 emissions, accounting for 99.62% of the company's total carbon footprint, followed by Scope 2 emissions at 0.34%.a

Want Full Access to Assurant's GHG Emissions Dataset?
Sign Up