Selective Insurance Group Inc
Selective Insurance Group's GHG Emissions Data Preview
In 2023, Selective 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) and Scope 2 (indirect emissions from purchased energy).
However, Selective Insurance Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 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 | ||||
Location-Based | 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.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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 |
Verified Sources Behind Selective Insurance Group’s Greenhouse Gas (GHG) Emissions Data
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Insights into Selective Insurance Group's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Selective Insurance Group amounted to 6,028 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 Selective Insurance Group increased by 9.74%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Selective Insurance Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Selective Insurance Group's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Selective Insurance Group were 2,632 metric tons of CO₂ equivalent (tCO₂e). a
Has Selective Insurance Group reduced its Scope 1 emissions over time?
Since 2019, Selective Insurance Group's Scope 1 emissions have decreased by 2.16%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Selective Insurance Group's Scope 1 emissions increased by 21.96%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Selective Insurance Group's Scope 2 emissions?
In 2023, Selective Insurance Group reported Scope 2 greenhouse gas (GHG) emissions of 3,396 tCO₂e using the location-based method. a
Has Selective Insurance Group reduced its Scope 2 emissions over time?
Since 2019, Selective Insurance Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Selective Insurance Group 's emissions have plateaued with no significant change in its energy consumption footprint. a
Compared to the previous year (2022), Selective Insurance Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Selective Insurance Group 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Selective Insurance Group use for Scope 2 reporting?
In 2023, Selective Insurance Group reported its Scope 2 emissions using the location-based method. a
Selective Insurance Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Selective Insurance Group’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Selective Insurance Group reported Scope 1 greenhouse gas (GHG) emissions of 2,632 tCO₂e and total revenues of USD 4,232 millions. This translates into an emissions intensity of 0.62 tCO₂e per millions USD. a
Selective Insurance Group's Scope 1 Emissions Intensity Compared to Peers
How does Selective Insurance Group's GHG emissions intensity compare to its peers?
In 2023, Selective Insurance Group reported a Scope 1 emissions intensity of 0.62 tCO₂e per millions USD. Compared to the peer group median of 0.39 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Selective Insurance Group rank on GHG emissions intensity within its industry?
In 2023, Selective Insurance Group ranked 17 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Selective Insurance Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a