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 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)2023202220212020 - 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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Verified Sources Behind Cincinnati Financial’s Greenhouse Gas (GHG) Emissions Data

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a. Cincinnati Financial's TCFD Report 2023
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Insights into Cincinnati Financial's Operational Emissions

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

Cincinnati Financial's Scope 1 Emissions Over Time

20182019202020212022202304.5 k9 k13.5 k18 ktCO2e-2%-24%+6%+7%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Cincinnati Financial's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Cincinnati Financial were 14,066 metric tons of CO₂ equivalent (tCO₂e). a

Has Cincinnati Financial reduced its Scope 1 emissions over time?

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

What are Cincinnati Financial's Scope 2 emissions?

In 2023, Cincinnati Financial reported Scope 2 greenhouse gas (GHG) emissions of 9,050 tCO₂e without specifying the calculation method. a

Has Cincinnati Financial reduced its Scope 2 emissions over time?

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

What methodology does Cincinnati Financial use for Scope 2 reporting?

In 2023, Cincinnati Financial reported its Scope 2 emissions using an unspecified methodology. a

Cincinnati Financial's Scope 2 Emissions Over Time

20182019202020212022202304 k8 k12 k16 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)
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