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In 2024, 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 5 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. | 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 2024, the total operational greenhouse gas (GHG) emissions ofUnum Group amounted to15,684metric 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 Unum Groupincreased by 8.05%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Unum Group were 5,634 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, Unum Group's Scope 1 emissions have decreased by 15.73%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Unum Group's Scope 1 emissions decreased by 3.25%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Unum Group reported Scope 2 greenhouse gas (GHG) emissions of 9,933 tCOâ‚‚e using the market-based method and 10,050 tCOâ‚‚e using the location-based method.a
Since 2019, Unum Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 50.59%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Unum Group's Scope 2 emissions(Location-Based) rose by 15.61% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Unum Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Unum Group reported 18,651 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 Unum Group includes a breakdown across 5of the 15 Scope 3 categories defined by the GHG Protocol,up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Unum Group reported total Scope 3 emissions of 18,651 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 73.07%of these emissions originated from upstream activities such as purchased goods and capital goods, while 26.93%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Unum Group's Scope 3 emissionshave decreased by 44.31%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), 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 2024, Unum Group reported emissions for 5 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 Unum Group's Scope 3 emissions were:a
In 2024, Unum Group reported Scope 1 greenhouse gas (GHG) emissions of 5,634 tCOâ‚‚e and total revenues of USD 12,790 millions. This translates into an emissions intensity of 0.44 tCOâ‚‚e per millions USD.a
In 2024, Unum Group reported a Scope 1 emissions intensity of 0.44 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.19, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Unum Group ranked 16 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Unum Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Unum Group reported a total carbon footprint of 34,335 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.06% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Unum Group's total carbon footprint was Scope 3 emissions, accounting for 54.32% of the company's total carbon footprint, followed by Scope 2 emissions at 29.27%.a