In 2023, Cincinnati Financial 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) and Scope 2 (indirect emissions from purchased energy).
However, Cincinnati Financial has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Cincinnati Financial amounted to 23,116 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 Cincinnati Financial decreased by 3.7%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2023, the total Scope 1 emissions of Cincinnati Financial were 14,066 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Cincinnati Financial's Scope 1 emissions have decreased by 18.87%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Cincinnati Financial's Scope 1 emissions decreased by 3.45%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2023, Cincinnati Financial reported Scope 2 greenhouse gas (GHG) emissions of 9,050 tCO₂e without specifying the calculation method. a
Since 2018, Cincinnati Financial's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 40.3%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Cincinnati Financial's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Cincinnati Financial 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2023, Cincinnati Financial reported its Scope 2 emissions using an unspecified methodology. a
In 2023, Cincinnati Financial reported Scope 1 greenhouse gas (GHG) emissions of 14,066 tCO₂e and total revenues of USD 10,013 millions. This translates into an emissions intensity of 1.4 tCO₂e per millions USD. a
In 2023, Cincinnati Financial reported a Scope 1 emissions intensity of 1.4 tCO₂e per millions USD. Compared to the peer group median of 0.4 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2023, Cincinnati Financial ranked 21 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Cincinnati Financial among the least efficient performers, with one of the highest emissions intensities in its sector. a