- Managing climate-related risks and opportunities across the global insurance portfolio
- Attracting and retaining top talent in a diverse and competitive market
- Maintaining the highest ethical standards across all operations and supply chains
Chubb Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Chubb Limited disclosed greenhouse gas emissions of 67.9K mtCO2e. By scope: Scope 1: 23.0K mtCO2e; Scope 2: 36.1K mtCO2e; Scope 3: 18.8K mtCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
67.9K mtCO2e
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 23.0K mtCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 36.1K mtCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 18.8K mtCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 67.9K mtCO2e |
| 2022 | 4.6K tCO2e |
| 2018 | 90.0K tCO2e (2018) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved 40% reduction in Scope 1 and Scope 2 emissions by 2025 (ahead of schedule)
- Launched Chubb Climate+, achieving 32% global growth in 2023
- Developed and implemented climate underwriting criteria for upstream oil and gas, focusing on methane emissions
🎯 Climate & Sustainability Targets
🔜 Short-term
- Establish new GHG reduction goals based on renewable energy procurement and fleet conversion plans
🔭 Long-term
- Support the global goal of net-zero carbon emissions by 2050
🌱 ESG Focus Areas
Climate ChangeWorkforce DiversityEthical Business Practices