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 2023, 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).

However, Hartford Insurance Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 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.
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
Download Data

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 ESG Data Spreadsheet 2023
a. Hartford Insurance Group's ESG Data Spreadsheet 2023
b. Hartford Insurance Group's Financial & Extra-Financial Disclosure 2021
b. Hartford Insurance Group's Financial & Extra-Financial Disclosure 2021

Insights into Hartford Insurance Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hartford Insurance Group amounted to 18,096 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 Hartford Insurance Group decreased by 10.93%, 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

20182019202020212022202304 k8 k12 k16 ktCO2e-7%-35%-2%-13%-7%
  • Total Scope 1
  • Year-over-Year Change

What are Hartford Insurance Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hartford Insurance Group were 6,767 metric tons of CO₂ equivalent (tCO₂e). a

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

Since 2018, Hartford Insurance Group's Scope 1 emissions have decreased by 52.45%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Hartford Insurance Group's Scope 1 emissions decreased by 6.89%, 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 2023, Hartford Insurance Group reported Scope 2 greenhouse gas (GHG) emissions of 11,329 tCO₂e without specifying the calculation method. a

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

Since 2018, Hartford Insurance Group's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 46.21%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Hartford Insurance Group's Scope 2 emissions (Unspecified Calculation Method) fell by 13.17% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

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

In 2023, Hartford Insurance Group reported its Scope 2 emissions using an unspecified methodology. a

Hartford Insurance Group's Scope 2 Emissions Over Time

20182019202020212022202305.5 k11 k16.5 k22 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hartford Insurance Group's Value Chain Emissions

In 2023, Hartford Insurance Group reported 15,108 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 2023 disclosure of Hartford Insurance Group includes a breakdown across 0 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. a

Hartford Insurance Group's Scope 3 Emissions Over Time

201820192020202120222023015 k30 k45 k60 ktCO2e-5%-74%-81%+481%+12%
  • Total Scope 3
  • Year-over-Year Change

What are Hartford Insurance Group's Scope 3 emissions?

In 2023, Hartford Insurance Group reported total Scope 3 emissions of 15,108 metric tons of CO₂ equivalent (tCO₂e). a

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

Since 2018, Hartford Insurance Group's Scope 3 emissions have decreased by 69.73%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Hartford Insurance Group's Scope 3 emissions increased by 12.11%, suggesting that the company faced challenges in reducing emissions across its value chain. a

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

In 2023, Hartford Insurance Group reported Scope 1 greenhouse gas (GHG) emissions of 6,767 tCO₂e and total revenues of USD 24,333 millions. This translates into an emissions intensity of 0.28 tCO₂e per millions USD. a

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

5501,00020,000200,000Scope 1 Emissions (tCO2e)2001,0005,00050,000200,000Revenues (Millions of USD)Bank of New York MellonYear: 2024Scope 1: 8,291 tCO2eRevenue: $M 18,258Scope 1 Intensity: 0.45 tCO2e/$MPalomar HoldingsYear: 2024Scope 1: 222 tCO2eRevenue: $M 554Scope 1 Intensity: 0.40 tCO2e/$MBlue Owl CapitalYear: 2024Scope 1: 6 tCO2eRevenue: $M 2,308Scope 1 Intensity: 0.00 tCO2e/$MHanover Insurance GroupYear: 2022Scope 1: 5,023 tCO2eRevenue: $M 5,433Scope 1 Intensity: 0.92 tCO2e/$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: $M 16,130Scope 1 Intensity: 0.31 tCO2e/$MHuntington BancsharesYear: 2023Scope 1: 16,331 tCO2eRevenue: $M 7,360Scope 1 Intensity: 2.22 tCO2e/$MAllstateYear: 2024Scope 1: 17,485 tCO2eRevenue: $M 64,118Scope 1 Intensity: 0.27 tCO2e/$MM&T BankYear: 2023Scope 1: 17,124 tCO2eRevenue: $M 9,398Scope 1 Intensity: 1.82 tCO2e/$MUnum GroupYear: 2023Scope 1: 5,823 tCO2eRevenue: $M 12,308Scope 1 Intensity: 0.47 tCO2e/$MCharles SchwabYear: 2022Scope 1: 8,409 tCO2eRevenue: $M 20,763Scope 1 Intensity: 0.41 tCO2e/$MW R BerkleyYear: 2024Scope 1: 10,412 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.76 tCO2e/$MUS BancorpYear: 2022Scope 1: 38,206 tCO2eRevenue: $M 24,184Scope 1 Intensity: 1.58 tCO2e/$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: 2023Scope 1: 2,312 tCO2eRevenue: $M 10,074Scope 1 Intensity: 0.23 tCO2e/$MRLIYear: 2023Scope 1: 304 tCO2eRevenue: $M 1,524Scope 1 Intensity: 0.20 tCO2e/$MWells Fargo & CoYear: 2023Scope 1: 82,410 tCO2eRevenue: $M 82,600Scope 1 Intensity: 1.00 tCO2e/$MPayPal HoldingsYear: 2024Scope 1: 2,100 tCO2eRevenue: $M 31,818Scope 1 Intensity: 0.07 tCO2e/$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: 2023Scope 1: 14,066 tCO2eRevenue: $M 10,013Scope 1 Intensity: 1.40 tCO2e/$MTravelers CompaniesYear: 2024Scope 1: 19,069 tCO2eRevenue: $M 46,430Scope 1 Intensity: 0.41 tCO2e/$MProgressiveYear: 2023Scope 1: 31,662 tCO2eRevenue: $M 62,082Scope 1 Intensity: 0.51 tCO2e/$MHartford Insurance GroupYear: 2023Scope 1: 6,767 tCO2eRevenue: $M 24,333Scope 1 Intensity: 0.28 tCO2e/$M

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

In 2023, Hartford Insurance Group reported a Scope 1 emissions intensity of 0.28 tCO₂e 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 2023, Hartford Insurance Group ranked 10 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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 2023, Hartford Insurance Group reported a total carbon footprint of 33,204 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.74% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Hartford Insurance Group's total carbon footprint was Scope 3 emissions, accounting for 45.5% of the company's total carbon footprint, followed by Scope 2 emissions at 34.12%. a

Want Full Access to Hartford Insurance Group's GHG Emissions Dataset?
Sign Up