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 GHG Emissions Data Preview

In 2023, Progressive 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) and Scope 2 (indirect emissions from purchased energy).

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

Metric (tCO2e)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Progressive amounted to 74,511 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Progressive decreased by 9.62%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Progressive's Scope 1 Emissions Over Time

2022202308 k16 k24 k32 ktCO2e-1%
  • Total Scope 1
  • Year-over-Year Change

What are Progressive's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Progressive were 31,662 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Progressive's Scope 1 emissions remained relatively stable, indicating that Progressive's emissions have plateaued with no significant change in its operational footprint.

What are Progressive's Scope 2 emissions?

In 2023, Progressive reported Scope 2 greenhouse gas (GHG) emissions of 12,750 tCOâ‚‚e using the market-based method and 42,849 tCOâ‚‚e using the location-based method.

Has Progressive reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Progressive's Scope 2 emissions (Location-Based) fell by 15.22% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Progressive use for Scope 2 reporting?

In 2023, Progressive reported its Scope 2 emissions using the market-based method and using the location-based method.

Progressive's Scope 2 Emissions Over Time

20222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
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