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Travelers Companies Inc
Travelers Companies's GHG Emissions Data Preview
In 2024, Travelers Companies 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).
Travelers Companies has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 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 Travelers Companies’s Greenhouse Gas (GHG) Emissions Data
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Insights into Travelers Companies's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofTravelers Companies amounted to38,007metric 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 Travelers Companiesdecreased by 1.63%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Travelers Companies's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Travelers Companies's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Travelers Companies were 19,069 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Travelers Companies reduced its Scope 1 emissions over time?
Since 2019, Travelers Companies's Scope 1 emissions have decreased by 19.7%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Travelers Companies's Scope 1 emissions decreased by 2.64%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Travelers Companies's Scope 2 emissions?
In 2024, Travelers Companies reported Scope 2 greenhouse gas (GHG) emissions of 18,938 tCOâ‚‚e using the location-based method.a
Has Travelers Companies reduced its Scope 2 emissions over time?
Since 2019, Travelers Companies's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 32.29%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Travelers Companies's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Travelers Companies's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Travelers Companies use for Scope 2 reporting?
In 2024, Travelers Companies reported its Scope 2 emissions using the location-based method.a
Travelers Companies's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Travelers Companies's Value Chain Emissions
In 2024, Travelers Companies reported 20,210 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Travelers Companies includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Travelers Companies's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Travelers Companies's Scope 3 emissions?
In 2024, Travelers Companies reported total Scope 3 emissions of 20,210 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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 Travelers Companies reduced its Scope 3 emissions over time?
Since 2019, Travelers Companies's Scope 3 emissionshave increased by 13.42%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Travelers Companies's Scope 3 emissions increased by 17.99%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Travelers Companies disclose?
In 2024, Travelers Companies reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Travelers Companies's Scope 3 emissions?
In 2024, the largest contributors to Travelers Companies's Scope 3 emissions were:a
- Business Travel (Cat. 6): 20,210 tCOâ‚‚e(100%)
Travelers Companies's Scope 3 Emissions by Categories
Insights into Travelers Companies’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Travelers Companies reported Scope 1 greenhouse gas (GHG) emissions of 19,069 tCOâ‚‚e and total revenues of USD 46,430 millions. This translates into an emissions intensity of 0.41 tCOâ‚‚e per millions USD.a
Travelers Companies's Scope 1 Emissions Intensity Compared to Peers
How does Travelers Companies's GHG emissions intensity compare to its peers?
In 2024, Travelers Companies reported a Scope 1 emissions intensity of 0.41 tCOâ‚‚e 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 Travelers Companies rank on GHG emissions intensity within its industry?
In 2024, Travelers Companies ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Travelers Companies is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Travelers Companies's Total Carbon Footprint
In 2024, Travelers Companies reported a total carbon footprint of 58,217 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.4% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Travelers Companies's total carbon footprint was Scope 3 emissions, accounting for 34.71% of the company's total carbon footprint, followed by Scope 1 emissions at 32.76%.a