Globe Life Inc
Globe Life's GHG Emissions Data Preview
In 2023, Globe Life 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).
Globe Life has also provided a category-level breakdown for 5 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Globe Life's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Globe Life amounted to 6,945 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Globe Life decreased by 9.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Globe Life's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Globe Life's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Globe Life were 1,553 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Compared to the previous year (2022), Globe Life's Scope 1 emissions increased by 25.55%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Globe Life's Scope 2 emissions?
In 2023, Globe Life reported Scope 2 greenhouse gas (GHG) emissions of 5,665 tCOâ‚‚e using the market-based method, and 5,392 tCOâ‚‚e using the location-based method.
Has Globe Life reduced its Scope 2 emissions over time?
Since 2019, Globe Life's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 21.9%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Globe Life's Scope 2 emissions (Location-Based) fell by 16.1% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Globe Life use for Scope 2 reporting?
In 2023, Globe Life reported its Scope 2 emissions using the market-based method and using the location-based method.
Globe Life's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Globe Life's Value Chain Emissions
In 2023, Globe Life reported 41,783 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Globe Life includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Globe Life's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Globe Life's Scope 3 emissions?
In 2023, Globe Life reported total Scope 3 emissions of 41,783 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 89.24% of these emissions originated from upstream activities such as purchased goods and capital goods, while 10.76% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Globe Life reduced its Scope 3 emissions over time?
Since 2019, Globe Life's Scope 3 emissions have increased by 2,803.61%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Globe Life's Scope 3 emissions remained relatively stable, indicating that Globe Life 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Globe Life disclose?
In 2023, Globe Life reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Globe Life's Scope 3 emissions?
In 2023, the largest contributors to Globe Life's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 19,019 tCOâ‚‚e (45.52%)
- Upstream Transportation and Distribution (Cat. 4): 9,081 tCOâ‚‚e (21.73%)
- Employee Commuting (Cat. 7): 6,334 tCOâ‚‚e (15.16%)
Globe Life's Scope 3 Emissions by Categories
Insights into Globe Life's Total Carbon Footprint
In 2023, Globe Life reported a total carbon footprint of 48,728 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.91% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Globe Life's total carbon footprint was Scope 3 emissions, accounting for 85.75% of the company's total carbon footprint, followed by Scope 2 emissions at 11.07%.