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Hartford Insurance Group Inc

Common Name
Hartford Insurance Group
Country
United States
Sector
Financial Services
Industry
Insurance - Diversified
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)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Hartford Insurance Group’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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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
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 of Hartford Insurance Group amounted to 16,865 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 Hartford Insurance Group decreased 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 CO₂ equivalent (tCO₂e).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 tCO₂e using the market-based method and 10,884 tCO₂e 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 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 Hartford Insurance Group includes a breakdown across 5 of 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 CO₂ equivalent (tCO₂e).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 emissions have 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 tCO₂e (59.47%)
  • Employee Commuting (Cat. 7): 17,718 tCO₂e (18.78%)
  • Business Travel (Cat. 6): 13,482 tCO₂e (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 tCO₂e and total revenues of USD 26,383 millions. This translates into an emissions intensity of 0.23 tCO₂e per millions USD.a

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

5501,00020,000200,000Scope 1 Emissions (tCO2e)5002,00010,00050,000200,000Revenues (Millions of USD)Bank of New York MellonYear: 2024Scope 1: 8,291 tCO2eRevenue: $M 18,258Scope 1 Intensity: 0.45 tCO2e/$MSoFi TechnologiesYear: 2024Scope 1: 293 tCO2eRevenue: $M 2,613Scope 1 Intensity: 0.11 tCO2e/$MBlue Owl CapitalYear: 2024Scope 1: 6 tCO2eRevenue: $M 2,308Scope 1 Intensity: 0.00 tCO2e/$MMarsh & McLennan CompaniesYear: 2024Scope 1: 18,865 tCO2eRevenue: $M 24,459Scope 1 Intensity: 0.77 tCO2e/$MInvescoYear: 2024Scope 1: 585 tCO2eRevenue: $M 6,068Scope 1 Intensity: 0.10 tCO2e/$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: 2024Scope 1: 19,134 tCO2eRevenue: $M 7,385Scope 1 Intensity: 2.59 tCO2e/$MM&T BankYear: 2024Scope 1: 17,889 tCO2eRevenue: $M 9,231Scope 1 Intensity: 1.94 tCO2e/$MFranklin ResourcesYear: 2024Scope 1: 13,138 tCO2eRevenue: $M 8,478Scope 1 Intensity: 1.55 tCO2e/$MUnum GroupYear: 2024Scope 1: 5,634 tCO2eRevenue: $M 12,790Scope 1 Intensity: 0.44 tCO2e/$MCharles SchwabYear: 2022Scope 1: 8,409 tCO2eRevenue: $M 20,763Scope 1 Intensity: 0.41 tCO2e/$MFirst HorizonYear: 2024Scope 1: 3,710 tCO2eRevenue: $M 3,096Scope 1 Intensity: 1.20 tCO2e/$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: $M 11,559Scope 1 Intensity: 0.10 tCO2e/$MWells Fargo & CoYear: 2024Scope 1: 79,285 tCO2eRevenue: $M 82,297Scope 1 Intensity: 0.96 tCO2e/$MPayPal HoldingsYear: 2024Scope 1: 2,100 tCO2eRevenue: $M 31,818Scope 1 Intensity: 0.07 tCO2e/$MMetLifeYear: 2024Scope 1: 10,611 tCO2eRevenue: $M 69,901Scope 1 Intensity: 0.15 tCO2e/$MTravelers CompaniesYear: 2024Scope 1: 19,069 tCO2eRevenue: $M 46,430Scope 1 Intensity: 0.41 tCO2e/$MPNC Financial Services GroupYear: 2024Scope 1: 28,268 tCO2eRevenue: $M 20,808Scope 1 Intensity: 1.36 tCO2e/$MAmerican International GroupYear: 2024Scope 1: 8,258 tCO2eRevenue: $M 27,272Scope 1 Intensity: 0.30 tCO2e/$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 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 2024, Hartford Insurance Group ranked 10 out of 24 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 2024, Hartford Insurance Group reported a total carbon footprint of 111,224 metric tons of CO₂ equivalent (tCO₂e) 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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