Genworth Financial Inc
Genworth Financial's GHG Emissions Data Preview
In 2023, Genworth 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, Genworth 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 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.  | 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind Genworth Financial’s Greenhouse Gas (GHG) Emissions Data
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Insights into Genworth Financial's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Genworth Financial amounted to 7,541 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 Genworth Financial increased by 49.12%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Genworth Financial's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Genworth Financial's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Genworth Financial were 659 metric tons of CO₂ equivalent (tCO₂e). a
Has Genworth Financial reduced its Scope 1 emissions over time?
Since 2018, Genworth Financial's Scope 1 emissions have decreased by 26.67%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Genworth Financial's Scope 1 emissions decreased by 14.3%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Genworth Financial's Scope 2 emissions?
In 2023, Genworth Financial reported Scope 2 greenhouse gas (GHG) emissions of 6,882 tCO₂e without specifying the calculation method. a
Has Genworth Financial reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Genworth Financial's Scope 2 emissions (Unspecified Calculation Method) rose by 60.49% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Genworth Financial use for Scope 2 reporting?
In 2023, Genworth Financial reported its Scope 2 emissions using an unspecified methodology. a
Genworth Financial's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Genworth Financial’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Genworth Financial reported Scope 1 greenhouse gas (GHG) emissions of 659 tCO₂e and total revenues of USD 7,371 millions. This translates into an emissions intensity of 0.09 tCO₂e per millions USD. a
Genworth Financial's Scope 1 Emissions Intensity Compared to Peers
How does Genworth Financial's GHG emissions intensity compare to its peers?
In 2023, Genworth Financial reported a Scope 1 emissions intensity of 0.09 tCO₂e per millions USD. Compared to the peer group median of 0.28 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Genworth Financial rank on GHG emissions intensity within its industry?
In 2023, Genworth Financial ranked 4 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Genworth Financial among the top performers, with one of the lowest emissions intensities relative to peers. a