Progressive Corp

Common Name
Progressive
Country
United States
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
66,308
Ticker
PGR
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Progressive Corporation is a major American insurance provider, renowned for its innovative approach to personal and commercial insurance products. The company primarily offers automotive insurance, b...

Progressive's Climate Target Data Preview

As of 2023, Progressive has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Progressive ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets 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 Progressive's Greenhouse Gas Emissions Pathways

As of 2023, Progressive has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Progressive have a target to reduce the emissions from its operations?

As of 2023, Progressive has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Progressive's most ambitious operational target is to reduce these emissions by 40% by 2030, compared to a baseline of 82,439 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

As of 2023, Progressive is ahead of schedule on its operational emissions reduction target, having achieved 24.05% of the planned reduction.

Progressive's Operational (Scope 1+2) Emissions Pathway

202220232030025 k50 k75 k100 kCurrent (-10%)Target 2030 (-40%)
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