Selective Insurance Group Inc

Common Name
Selective Insurance Group
Country
United States
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
2,800
Ticker
SIGI
Exchange
NASDAQ/NGS
Description
Selective Insurance Group Inc. is a prominent regional insurance holding company that provides a wide array of insurance products and services. Its primary objective is to deliver both personal and co...

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)2023202220212020 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Location-Based
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a
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a
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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0000000
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Verified Sources Behind Selective Insurance Group’s Greenhouse Gas (GHG) Emissions Data

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a. Selective Insurance Group's TCFD Report 2024
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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

201920212022202307001.4 k2.1 k2.8 ktCO2e-28%+11%+22%
  • 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

201920212022202309001.8 k2.7 k3.6 ktCO2e
  • Total Scope 2 Location-Based
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