Definity Financial Corp
Definity Financial's GHG Emissions Data Preview
In 2024, Definity 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Definity Financial has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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 |
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aVerified Sources Behind Definity 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 Definity Financial’s data sources below and access millions more through our Disclosure Search.
Insights into Definity Financial's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Definity Financial amounted to 2,185 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 2023, the total operational greenhouse gas (GHG) emissions of Definity Financial increased by 0.55%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Definity Financial's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Definity Financial's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Definity Financial were 1,266 metric tons of CO₂ equivalent (tCO₂e). a
Has Definity Financial reduced its Scope 1 emissions over time?
Since 2020, Definity Financial's Scope 1 emissions have decreased by 30.44%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Definity Financial's Scope 1 emissions remained relatively stable, indicating that Definity Financial's emissions have plateaued with no significant change in its operational footprint. a
What are Definity Financial's Scope 2 emissions?
In 2024, Definity Financial reported Scope 2 greenhouse gas (GHG) emissions of 604 tCO₂e using the market-based method and 919 tCO₂e using the location-based method. a
Has Definity Financial reduced its Scope 2 emissions over time?
Since 2020, Definity Financial's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 115.73%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), Definity Financial's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Definity Financial 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Definity Financial use for Scope 2 reporting?
In 2024, Definity Financial reported its Scope 2 emissions using the market-based method and using the location-based method. a
Definity Financial's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Definity Financial's Value Chain Emissions
In 2024, Definity Financial reported 1,059,311 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Definity Financial includes a breakdown across 7 of 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
Definity Financial's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Definity Financial's Scope 3 emissions?
In 2024, Definity Financial reported total Scope 3 emissions of 1,059,311 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 2.19% of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.81% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Definity Financial reduced its Scope 3 emissions over time?
Since 2020, Definity Financial's Scope 3 emissions have increased by 1,250.32%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Definity Financial's Scope 3 emissions increased by 143.12%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Definity Financial disclose?
In 2024, Definity Financial reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Definity Financial's Scope 3 emissions?
In 2024, the largest contributors to Definity Financial's Scope 3 emissions were: a
- Investments (Cat. 15): 1,036,132 tCO₂e (97.81%)
- Purchased Goods and Services (Cat. 1): 18,795 tCO₂e (1.77%)
- Capital Goods (Cat. 2): 1,574 tCO₂e (0.15%)
Definity Financial's Scope 3 Emissions by Categories
Insights into Definity Financial’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Definity Financial reported Scope 1 greenhouse gas (GHG) emissions of 1,266 tCO₂e and total revenues of USD 3,133 millions. This translates into an emissions intensity of 0.4 tCO₂e per millions USD. a
Definity Financial's Scope 1 Emissions Intensity Compared to Peers
How does Definity Financial's GHG emissions intensity compare to its peers?
In 2024, Definity Financial reported a Scope 1 emissions intensity of 0.4 tCO₂e per millions USD. Compared to the peer group median of 0.31 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Definity Financial rank on GHG emissions intensity within its industry?
In 2024, Definity Financial ranked 14 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Definity Financial is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Definity Financial's Total Carbon Footprint
In 2024, Definity Financial reported a total carbon footprint of 1,061,496 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 142.41% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Definity Financial's total carbon footprint was Scope 3 emissions, accounting for 99.79% of the company's total carbon footprint, followed by Scope 1 emissions at 0.12%. a