In 2024, Trupanion 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).
Trupanion has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 56a | 42a | 21a | |
Total Scope 2 | ||||
Market-Based | 1,028a | 1,025a | 889a | |
Location-Based | 1,051a | 955a | 926a | |
Total Scope 3 | 42,806a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.0431a | 0.0376a | 0.0232a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Trupanion amounted to 1,107 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 2023, the total operational greenhouse gas (GHG) emissions of Trupanion increased by 11.03%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Trupanion were 56 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Trupanion's Scope 1 emissions have increased by 115.38%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Trupanion's Scope 1 emissions increased by 33.33%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Trupanion reported Scope 2 greenhouse gas (GHG) emissions of 1,028 tCO₂e using the market-based method and 1,051 tCO₂e using the location-based method.a
Since 2020, Trupanion's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 216.57%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Trupanion's Scope 2 emissions (Location-Based) rose by 10.05% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Trupanion reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Trupanion reported 42,806 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Trupanion includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Trupanion reported total Scope 3 emissions of 42,806 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 41.35% of these emissions originated from upstream activities such as purchased goods and capital goods, while 58.65% came from downstream activities like product use, distribution, and end-of-life treatment.a
In 2024, Trupanion reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Trupanion's Scope 3 emissions were:a
In 2024, Trupanion reported Scope 1 greenhouse gas (GHG) emissions of 56 tCO₂e and total revenues of USD 1,299 millions. This translates into an emissions intensity of 0.04 tCO₂e per millions USD.a
In 2024, Trupanion reported a Scope 1 emissions intensity of 0.04 tCO₂e per millions USD. Compared to the peer group median of 0.45, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Trupanion ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Trupanion among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Trupanion reported a total carbon footprint of 43,913 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4,304.51% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Trupanion's total carbon footprint was Scope 3 emissions, accounting for 97.48% of the company's total carbon footprint, followed by Scope 2 emissions at 2.39%.a