Travelers Companies Inc
Travelers Companies's GHG Emissions Data Preview
In 2023, 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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 Travelers Companies's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Travelers Companies amounted to 38,635 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 Travelers Companies increased by 1.27%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Travelers Companies's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Travelers Companies's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Travelers Companies were 19,586 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Travelers Companies reduced its Scope 1 emissions over time?
Since 2018, Travelers Companies's Scope 1 emissions have decreased by 23.47%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Travelers Companies's Scope 1 emissions increased by 9.86%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Travelers Companies's Scope 2 emissions?
In 2023, Travelers Companies reported Scope 2 greenhouse gas (GHG) emissions of 19,049 tCOâ‚‚e using the location-based method.
Has Travelers Companies reduced its Scope 2 emissions over time?
Compared to the previous year (2022), 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.
What methodology does Travelers Companies use for Scope 2 reporting?
In 2023, Travelers Companies reported its Scope 2 emissions using the location-based method.
Travelers Companies's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Travelers Companies's Value Chain Emissions
In 2023, Travelers Companies reported 15,762 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Travelers Companies includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Travelers Companies's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Travelers Companies's Scope 3 emissions?
In 2023, Travelers Companies reported total Scope 3 emissions of 15,762 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
Has Travelers Companies reduced its Scope 3 emissions over time?
Since 2018, Travelers Companies's Scope 3 emissions have decreased by 15.19%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Travelers Companies's Scope 3 emissions increased by 56.15%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Travelers Companies disclose?
In 2023, Travelers Companies reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
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 2023, the largest contributors to Travelers Companies's Scope 3 emissions were:
- Business Travel (Cat. 6): 15,762 tCOâ‚‚e (100%)
Travelers Companies's Scope 3 Emissions by Categories
Insights into Travelers Companies's Total Carbon Footprint
In 2023, Travelers Companies reported a total carbon footprint of 54,397 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.75% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Travelers Companies's total carbon footprint was Scope 1 emissions, accounting for 36.01% of the company's total carbon footprint, followed by Scope 2 emissions at 35.02%.