Globe Life Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022-2023, 2021, 2019

In its 2023 reporting, Globe Life Inc. disclosed greenhouse gas emissions of 41.8K tCO2e/year (Scope 1 2 and 3). By scope: Scope 1: 1.6K tCO2e/year; Scope 2: 5.4K tCO2e/year (location-based); Scope 3: 41.8K tCO2e/year. 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
41.8K tCO2e/year (Scope 1 2 and 3)
2023
💧
Water Usage
0.09686 million cubic meters/year
2023
♻️
Waste
1.6K metric tons/year (1326 recycled/reused 256 disposed)
2023
⚙️
Energy Use
14.3K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.6K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.5.4K tCO2e/year (location-based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).41.8K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202341.8K tCO2e/year (Scope 1 2 and 3)
2022-20237.2K tCO2e (2022); 7664 tCO2e (2023)
20218.6K tCO2e (Scope 1 & 2 Market-based)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Continue to improve energy efficiency of facilities
  • Assess use of public incentives to decarbonize operations

📅 Medium-term

  • Identify ways to reduce GHG emissions in the supply chain
  • Establish a science-based target for GHG emission reduction

🔭 Long-term

  • Allocate capital to investments that align with climate change solutions

🌱 ESG Focus Areas

Energy and EmissionsResponsible InvestmentsAccessible and Equitable InformationDiversity, Equity, and InclusionESG Responsible Products and ServicesFinancial Inclusion for Customers and CommunitiesTalent Engagement, Attraction, and RetentionCompliance, Ethics, and IntegrityData Privacy and CybersecurityESG and Climate Risk ManagementSustainable Supplier ManagementTransparent ESG Reporting and Disclosure

⚠️ Challenges & Risks +

  • Increased regulatory requirements related to climate change leading to increased costs
  • Stakeholder interest in climate change action
  • Costs to transition to lower-emission energy sources
  • Potential losses or decline in investment values in carbon-intensive industries
  • Adverse impact to mortality/morbidity rates due to climate change
  • Data limitations in attributing mortality/morbidity to climate change

📋 Report Information

Reporting Period: 2023
Frameworks: SASB, TCFD