In 2023, Unum 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Unum Group has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 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 2 | ||||
Market-Based | 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 |
Location-Based | 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 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Unum Group amounted to 14,516 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 Unum Group decreased by 2.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2023, the total Scope 1 emissions of Unum Group were 5,823 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Unum Group's Scope 1 emissions have decreased by 24.56%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Unum Group's Scope 1 emissions decreased by 7.17%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2023, Unum Group reported Scope 2 greenhouse gas (GHG) emissions of 7,702 tCO₂e using the market-based method and 8,693 tCO₂e using the location-based method. a
Since 2018, Unum Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 61.23%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Unum Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Unum Group 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2023, Unum Group reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2023, Unum Group reported 20,540 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 2023 disclosure of Unum Group includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2023, Unum Group reported total Scope 3 emissions of 20,540 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 72.1% of these emissions originated from upstream activities such as purchased goods and capital goods, while 27.9% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2018, Unum Group's Scope 3 emissions have decreased by 39.29%, reflecting a declining long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), Unum Group's Scope 3 emissions remained relatively stable, indicating that Unum Group 's emissions have plateaued with no significant change in its value chain footprint. a
In 2023, Unum Group reported emissions for 4 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.
In 2023, the largest contributors to Unum Group's Scope 3 emissions were: a
In 2023, Unum Group reported Scope 1 greenhouse gas (GHG) emissions of 5,823 tCO₂e and total revenues of USD 12,308 millions. This translates into an emissions intensity of 0.47 tCO₂e per millions USD. a
In 2023, Unum Group reported a Scope 1 emissions intensity of 0.47 tCO₂e per millions USD. Compared to the peer group median of 0.2 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2023, Unum Group ranked 18 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Unum Group among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2023, Unum Group reported a total carbon footprint of 35,056 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.44% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Unum Group's total carbon footprint was Scope 3 emissions, accounting for 58.59% of the company's total carbon footprint, followed by Scope 2 emissions at 24.8%. a