Hartford Financial Services

Insurance Brokers

HIG

$ 71 2.5

Share price

$ 23 bn

Market Cap

$ 24 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.04x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

FY2021

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This target is most likely outdated and the company appears to have already achieved it

This target has not been verified as science based according to SBTi

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 2020 at 25 Kt (-7 /-21.8% y-o-y).

Hartford Financial Services 's Scope 3 emissions plummeted to 12 Kt (-35 /-74.2% y-o-y). The decline accelerated compared to the CAGR of -37.5% since 4Q'18.

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 2020. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	25	8.6	17	12
2019Q4	32	13	19	47
2018Q4	35	14	21	50
2017Q4	37	15	22	47
2016Q4	43	16	27	47
2015Q4	52	19	33	55
2014Q4	62	20	43	52