In 2024, 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 | 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 2 | ||||
Market-Based | 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 |
Location-Based | 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 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Globe Life amounted to 6,781 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 Globe Life decreased by 2.36%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of Globe Life were 1,459 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2023), Globe Life's Scope 1 emissions decreased by 6.05%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2024, Globe Life reported Scope 2 greenhouse gas (GHG) emissions of 5,348 tCO₂e using the market-based method and 5,322 tCO₂e using the location-based method. a
Since 2019, Globe Life's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 22.91%, reflecting a declining long-term trend in Scope 2 emissions over time. a c
Compared to the previous year (2023), Globe Life's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Globe Life 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, Globe Life reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Globe Life reported 38,151 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 Globe Life includes a breakdown across 5 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
In 2024, Globe Life reported total Scope 3 emissions of 38,151 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 88.82% of these emissions originated from upstream activities such as purchased goods and capital goods, while 11.18% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2019, Globe Life's Scope 3 emissions have increased by 2,551.22%, reflecting a rising long-term trend in Scope 3 emissions over time. a c
Compared to the previous year (2023), 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. a
In 2024, Globe Life reported emissions for 5 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.
In 2024, the largest contributors to Globe Life's Scope 3 emissions were: a
In 2024, Globe Life reported Scope 1 greenhouse gas (GHG) emissions of 1,459 tCO₂e and total revenues of USD 5,778 millions. This translates into an emissions intensity of 0.25 tCO₂e per millions USD. a
In 2024, Globe Life reported a Scope 1 emissions intensity of 0.25 tCO₂e per millions USD. Compared to the peer group median of 0.38 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, Globe Life ranked 9 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Globe Life is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2024, Globe Life reported a total carbon footprint of 44,932 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.79% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Globe Life's total carbon footprint was Scope 3 emissions, accounting for 84.91% of the company's total carbon footprint, followed by Scope 2 emissions at 11.84%. a