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Cincinnati Financial Corp

Common Name
Cincinnati Financial
Country
United States
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
5,624
Ticker
CINF
Exchange
NASDAQ/NGS
Description
Cincinnati Financial Corporation is a prominent entity in the insurance industry, primarily focusing on property and casualty insurance products. The company's key purpose is to provide comprehensive ...

Cincinnati Financial's GHG Emissions Data Preview

In 2024, 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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Verified Sources Behind Cincinnati 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 Cincinnati Financial’s data sources below and access millions more through our Disclosure Search.

a. Cincinnati Financial's TCFD Report 2024
a. Cincinnati Financial's TCFD Report 2024

Insights into Cincinnati Financial's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofCincinnati Financial amounted to20,475metric 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 Cincinnati Financialincreased by 2.85%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Cincinnati Financial's Scope 1 Emissions Over Time

20192020202120222023202404.5 k9 k13.5 k18 ktCO2e-24%+6%+7%-3%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Cincinnati Financial's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Cincinnati Financial were 14,273 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Cincinnati Financial reduced its Scope 1 emissions over time?

Since 2019, Cincinnati Financial's Scope 1 emissions have decreased by 13.72%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Cincinnati Financial's Scope 1 emissions increased by 2.79%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Cincinnati Financial's Scope 2 emissions?

In 2024, Cincinnati Financial reported Scope 2 greenhouse gas (GHG) emissions of 6,202 tCOâ‚‚e without specifying the calculation method.a

Has Cincinnati Financial reduced its Scope 2 emissions over time?

Since 2019, Cincinnati Financial's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 33.58%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), 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

What methodology does Cincinnati Financial use for Scope 2 reporting?

In 2024, Cincinnati Financial reported its Scope 2 emissions using an unspecified methodology.a

Cincinnati Financial's Scope 2 Emissions Over Time

20192020202120222023202402.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Cincinnati Financial’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Cincinnati Financial reported Scope 1 greenhouse gas (GHG) emissions of 14,273 tCOâ‚‚e and total revenues of USD 11,337 millions. This translates into an emissions intensity of 1.26 tCOâ‚‚e per millions USD.a

Cincinnati Financial's Scope 1 Emissions Intensity Compared to Peers

1005002,00020,000100,000Scope 1 Emissions (tCO2e)2001,0005,00050,000200,000Revenues (Millions of USD)HTPalomar 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: $M 64,118Scope 1 Intensity: 0.27 tCO2e/$MFranklin ResourcesYear: 2024Scope 1: 13,138 tCO2eRevenue: $M 8,478Scope 1 Intensity: 1.55 tCO2e/$MHHHorace Mann EducatorsYear: 2024Scope 1: 459 tCO2eRevenue: $M 1,550Scope 1 Intensity: 0.30 tCO2e/$MW R BerkleyYear: 2024Scope 1: 10,412 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.76 tCO2e/$MAssurantYear: 2024Scope 1: 1,282 tCO2eRevenue: $M 11,881Scope 1 Intensity: 0.11 tCO2e/$MTTTPGYear: 2023Scope 1: 287 tCO2eRevenue: $M 1,817Scope 1 Intensity: 0.16 tCO2e/$MHartford Insurance GroupYear: 2024Scope 1: 5,981 tCO2eRevenue: $M 26,383Scope 1 Intensity: 0.23 tCO2e/$MKeyCorpYear: 2024Scope 1: 9,236 tCO2eRevenue: $M 4,393Scope 1 Intensity: 2.10 tCO2e/$MRLIYear: 2023Scope 1: 304 tCO2eRevenue: $M 1,524Scope 1 Intensity: 0.20 tCO2e/$MAlly FinancialYear: 2024Scope 1: 5,585 tCO2eRevenue: $M 8,898Scope 1 Intensity: 0.63 tCO2e/$MGlobe LifeYear: 2024Scope 1: 1,459 tCO2eRevenue: $M 5,778Scope 1 Intensity: 0.25 tCO2e/$MJackson FinancialYear: 2024Scope 1: 3,835 tCO2eRevenue: $M 3,092Scope 1 Intensity: 1.24 tCO2e/$MGenworth FinancialYear: 2024Scope 1: 542 tCO2eRevenue: $M 7,141Scope 1 Intensity: 0.08 tCO2e/$MSelective Insurance GroupYear: 2023Scope 1: 2,632 tCO2eRevenue: $M 4,232Scope 1 Intensity: 0.62 tCO2e/$MNorthern TrustYear: 2021Scope 1: 1,797 tCO2eRevenue: $M 6,464Scope 1 Intensity: 0.28 tCO2e/$MRegions FinancialYear: 2024Scope 1: 6,004 tCO2eRevenue: $M 7,083Scope 1 Intensity: 0.85 tCO2e/$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: $M 12,917Scope 1 Intensity: 0.37 tCO2e/$MAmerican International GroupYear: 2024Scope 1: 8,258 tCO2eRevenue: $M 27,272Scope 1 Intensity: 0.30 tCO2e/$MProgressiveYear: 2024Scope 1: 32,281 tCO2eRevenue: $M 75,335Scope 1 Intensity: 0.43 tCO2e/$MCincinnati FinancialYear: 2024Scope 1: 14,273 tCO2eRevenue: $M 11,337Scope 1 Intensity: 1.26 tCO2e/$M

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

In 2024, Cincinnati Financial reported a Scope 1 emissions intensity of 1.26 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.34, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Cincinnati Financial rank on GHG emissions intensity within its industry?

In 2024, Cincinnati Financial ranked 23 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Cincinnati Financial among the least efficient performers, with one of the highest emissions intensities in its sector.a

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