Hartford Financial Services
Primary Climate Goal
Hartford Financial Services 's target annual all Scopes emissions for 2027 should be equal to 79 Kt = 25.7% * 107 Kt, according to the company's stated climate goal.
In order to achieve this goal, Hartford Financial Services would need to reduce its emissions at least by 9.1 Kt per annum over the period from 2022 to 2027:
9.1 Kt = ( 79 Kt - 25 Kt ) / (2027 - 2021)
This translates into a +36% increase in 2022.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
Hartford Financial Services aims to reduce all Scopes by 25.7% by 2027 from a base year 2015
This target is most likely outdated and the company appears to have already achieved it
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
Hartford Financial Services reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 23 Kt (-2.5 /-10% y-o-y).
Hartford Financial Services 's Scope 3 emissions declined to 2.3 Kt (
The company is committed to reducing all Scopes by 25.7% by 2027 from a base year 2015, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.