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Hartford Insurance Group Inc

Common Name
Hartford Insurance Group
Country
United States
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
19,100
Ticker
HIG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
The Hartford Insurance Group, Inc. is a diversified insurance and financial services company headquartered in Hartford, Connecticut. As one of the largest property and casualty insurers in the United ...

Hartford Insurance Group's GHG Emissions Data Preview

In 2024, Hartford Insurance Group 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).

Hartford Insurance Group has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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a
0000000
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Verified Sources Behind Hartford Insurance Group’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 Hartford Insurance Group’s data sources below and access millions more through our Disclosure Search.

a. Hartford Insurance Group's CDP Climate sourced from company’s website 2025
a. Hartford Insurance Group's CDP Climate sourced from company’s website 2025
b. Hartford Insurance Group's ESG Data Spreadsheet 2021
b. Hartford Insurance Group's ESG Data Spreadsheet 2021

Insights into Hartford Insurance Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofHartford Insurance Group amounted to16,865metric 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 Hartford Insurance Groupdecreased by 6.8%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Hartford Insurance Group's Scope 1 Emissions Over Time

20192020202120222023202403.5 k7 k10.5 k14 ktCO2e-29%-2%-13%-7%-12%
  • Total Scope 1
  • Year-over-Year Change

What are Hartford Insurance Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Hartford Insurance Group were 5,981 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Hartford Insurance Group reduced its Scope 1 emissions over time?

Since 2019, Hartford Insurance Group's Scope 1 emissions have decreased by 50.47%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Hartford Insurance Group's Scope 1 emissions decreased by 11.62%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Hartford Insurance Group's Scope 2 emissions?

In 2024, Hartford Insurance Group reported Scope 2 greenhouse gas (GHG) emissions of 116 tCOâ‚‚e using the market-based method and 10,884 tCOâ‚‚e using the location-based method.a

Has Hartford Insurance Group reduced its Scope 2 emissions over time?

Since 2019, Hartford Insurance Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 42.61%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year(2023), Hartford Insurance Group's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Hartford Insurance Group's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Hartford Insurance Group use for Scope 2 reporting?

In 2024, Hartford Insurance Group reported its Scope 2 emissions using the market-based method and using the location-based method.a

Hartford Insurance Group's Scope 2 Emissions Over Time

20192020202120222023202405 k10 k15 k20 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hartford Insurance Group's Value Chain Emissions

In 2024, Hartford Insurance Group reported 94,359 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Hartford Insurance Group includes a breakdown across 5of the 15 Scope 3 categories defined by the GHG Protocol,down from 6 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

Hartford Insurance Group's Scope 3 Emissions Over Time

2019202020212022202320240250 M500 M750 M1 BtCO2e+350%+421087%-93%-100%+21%
  • Total Scope 3
  • Year-over-Year Change

What are Hartford Insurance Group's Scope 3 emissions?

In 2024, Hartford Insurance Group reported total Scope 3 emissions of 94,359 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Hartford Insurance Group reduced its Scope 3 emissions over time?

Since 2019, Hartford Insurance Group's Scope 3 emissionshave increased by 99.48%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Hartford Insurance Group's Scope 3 emissions increased by 20.56%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Hartford Insurance Group disclose?

In 2024, Hartford Insurance Group 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.

What are the main sources of Hartford Insurance Group's Scope 3 emissions?

In 2024, the largest contributors to Hartford Insurance Group's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 56,114 tCOâ‚‚e(59.47%)
  • Employee Commuting (Cat. 7): 17,718 tCOâ‚‚e(18.78%)
  • Business Travel (Cat. 6): 13,482 tCOâ‚‚e(14.29%)

Hartford Insurance Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(59.5%)Employee Commuting(Cat. 7)(18.8%)Business Travel(Cat. 6)(14.3%)

Insights into Hartford Insurance Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Hartford Insurance Group reported Scope 1 greenhouse gas (GHG) emissions of 5,981 tCOâ‚‚e and total revenues of USD 26,383 millions. This translates into an emissions intensity of 0.23 tCOâ‚‚e per millions USD.a

Hartford Insurance Group's Scope 1 Emissions Intensity Compared to Peers

1005005,00020,000200,000Scope 1 Emissions (tCO2e)2001,0005,00050,000200,000Revenues (Millions of USD)HPalomar HoldingsYear: 2024Scope 1: 222 tCO2eRevenue: $M 554Scope 1 Intensity: 0.40 tCO2e/$MHanover Insurance GroupYear: 2024Scope 1: 4,589 tCO2eRevenue: $M 6,216Scope 1 Intensity: 0.74 tCO2e/$MMarsh & McLennan CompaniesYear: 2024Scope 1: 18,865 tCO2eRevenue: $M 24,459Scope 1 Intensity: 0.77 tCO2e/$MS&P GlobalYear: 2024Scope 1: 2,268 tCO2eRevenue: $M 14,211Scope 1 Intensity: 0.16 tCO2e/$MPrincipal Financial GroupYear: 2024Scope 1: 5,015 tCO2eRevenue: $M 16,130Scope 1 Intensity: 0.31 tCO2e/$MAllstateYear: 2024Scope 1: 17,485 tCO2eRevenue: $M 64,118Scope 1 Intensity: 0.27 tCO2e/$MUnum GroupYear: 2024Scope 1: 5,634 tCO2eRevenue: $M 12,790Scope 1 Intensity: 0.44 tCO2e/$MCharles SchwabYear: 2022Scope 1: 8,409 tCO2eRevenue: $M 20,763Scope 1 Intensity: 0.41 tCO2e/$MHHHorace Mann EducatorsYear: 2024Scope 1: 459 tCO2eRevenue: $M 1,550Scope 1 Intensity: 0.30 tCO2e/$MW R BerkleyYear: 2024Scope 1: 10,412 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.76 tCO2e/$MUS BancorpYear: 2024Scope 1: 34,015 tCO2eRevenue: $M 27,334Scope 1 Intensity: 1.24 tCO2e/$MAssurantYear: 2024Scope 1: 1,282 tCO2eRevenue: $M 11,881Scope 1 Intensity: 0.11 tCO2e/$MApollo Global ManagementYear: 2024Scope 1: 1,231 tCO2eRevenue: $M 26,136Scope 1 Intensity: 0.05 tCO2e/$MArthur J. Gallagher & Co.Year: 2024Scope 1: 1,186 tCO2eRevenue: $M 11,559Scope 1 Intensity: 0.10 tCO2e/$MRLIYear: 2023Scope 1: 304 tCO2eRevenue: $M 1,524Scope 1 Intensity: 0.20 tCO2e/$MWells Fargo & CoYear: 2024Scope 1: 79,285 tCO2eRevenue: $M 82,297Scope 1 Intensity: 0.96 tCO2e/$MPayPal HoldingsYear: 2024Scope 1: 2,100 tCO2eRevenue: $M 31,818Scope 1 Intensity: 0.07 tCO2e/$MCitigroupYear: 2024Scope 1: 53,455 tCO2eRevenue: $M 81,091Scope 1 Intensity: 0.66 tCO2e/$MSelective Insurance GroupYear: 2023Scope 1: 2,632 tCO2eRevenue: $M 4,232Scope 1 Intensity: 0.62 tCO2e/$MMetLifeYear: 2024Scope 1: 10,611 tCO2eRevenue: $M 69,901Scope 1 Intensity: 0.15 tCO2e/$MCincinnati FinancialYear: 2024Scope 1: 14,273 tCO2eRevenue: $M 11,337Scope 1 Intensity: 1.26 tCO2e/$MTravelers CompaniesYear: 2024Scope 1: 19,069 tCO2eRevenue: $M 46,430Scope 1 Intensity: 0.41 tCO2e/$MPNC Financial Services GroupYear: 2024Scope 1: 28,268 tCO2eRevenue: $M 20,808Scope 1 Intensity: 1.36 tCO2e/$MProgressiveYear: 2024Scope 1: 32,281 tCO2eRevenue: $M 75,335Scope 1 Intensity: 0.43 tCO2e/$MHartford Insurance GroupYear: 2024Scope 1: 5,981 tCO2eRevenue: $M 26,383Scope 1 Intensity: 0.23 tCO2e/$M

How does Hartford Insurance Group's GHG emissions intensity compare to its peers?

In 2024, Hartford Insurance Group reported a Scope 1 emissions intensity of 0.23 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.41, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Hartford Insurance Group rank on GHG emissions intensity within its industry?

In 2024, Hartford Insurance Group ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Hartford Insurance Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Hartford Insurance Group's Total Carbon Footprint

In 2024, Hartford Insurance Group reported a total carbon footprint of 111,224 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.42% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Hartford Insurance Group's total carbon footprint was Scope 3 emissions, accounting for 84.84% of the company's total carbon footprint, followed by Scope 2 emissions at 9.79%.a

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