- Climate change increasing the frequency and severity of catastrophic weather events.
- Maintaining financial strength to meet customer needs during disasters.
- Managing risks associated with investment portfolios.
State Farm Mutual Automobile Insurance Company
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, State Farm Mutual Automobile Insurance Company disclosed greenhouse gas emissions of 100.5K tCO2e (estimated). 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
100.5K tCO2e (estimated)
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 100.5K tCO2e (estimated) |
| 2022 | 108.8K tCO2e/year (Scope 1 & 2) |
| 2021 | 125.5K metric tons of CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 GHG emissions by 50.3% from 2019 baseline by 2023.
- Achieved zero waste certifications for two Multi-Regional Services Facilities (MRSF), diverting 96% of waste from landfills.
- Reduced costs by $102M and saved 494M+ sheets of paper (equivalent of 49,400 trees) through paperless initiatives.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 and 2 GHG emissions by 50% by 2030 (using 2019 as baseline).
🌱 ESG Focus Areas
CommunitiesEnvironmental & ResiliencyGovernance