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Brighthouse Financial Inc

Common Name
Brighthouse Financial
Country
United States
Sector
Financial Services
Industry
Insurance - Life
Employees
1,400
Ticker
BHF
Exchange
NASDAQ/NGS
Description
Brighthouse Financial Inc. operates as a major life insurance and annuities provider in the United States. Its primary function is to offer life insurance products and annuity solutions, aiming to hel...

Brighthouse Financial's GHG Emissions Data Preview

In 2024, Brighthouse Financial completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Brighthouse Financial has also provided a category-level breakdown for 2 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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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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a
0000000
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Verified Sources Behind Brighthouse Financial’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 Brighthouse Financial’s data sources below and access millions more through our Disclosure Search.

a. Brighthouse Financial's Sustainability Report 2024
a. Brighthouse Financial's Sustainability Report 2024
b. Brighthouse Financial's Sustainability Report 2021
b. Brighthouse Financial's Sustainability Report 2021

Insights into Brighthouse Financial's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofBrighthouse Financial amounted to1,048metric tons of CO2 equivalent.This figure reflects indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Brighthouse Financialdecreased by 15.42%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

What are Brighthouse Financial's Scope 2 emissions?

In 2024, Brighthouse Financial reported Scope 2 greenhouse gas (GHG) emissions of 1,048 tCOâ‚‚e using the location-based method.a

Has Brighthouse Financial reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Brighthouse Financial's Scope 2 emissions(Location-Based) fell by 15.42% 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 Brighthouse Financial use for Scope 2 reporting?

In 2024, Brighthouse Financial reported its Scope 2 emissions using the location-based method.a

Brighthouse Financial's Scope 2 Emissions Over Time

2019202020222023202401 k2 k3 k4 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Brighthouse Financial's Value Chain Emissions

In 2024, Brighthouse Financial reported 26,006 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 Brighthouse Financial includes a breakdown across 2of 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

Brighthouse Financial's Scope 3 Emissions Over Time

20192020202120222023202409.5 k19 k28.5 k38 ktCO2e-4%-28%-1%-3%+5%
  • Total Scope 3
  • Year-over-Year Change

What are Brighthouse Financial's Scope 3 emissions?

In 2024, Brighthouse Financial reported total Scope 3 emissions of 26,006 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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 Brighthouse Financial reduced its Scope 3 emissions over time?

Since 2019, Brighthouse Financial's Scope 3 emissionshave decreased by 30.21%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

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

What categories of Scope 3 emissions does Brighthouse Financial disclose?

In 2024, Brighthouse Financial reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

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

  • Purchased Goods and Services (Cat. 1): 24,507 tCOâ‚‚e(94.24%)
  • Business Travel (Cat. 6): 1,499 tCOâ‚‚e(5.76%)

Brighthouse Financial's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(5.8%)Purchased Goods andServices (Cat. 1)(94.2%)
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