Factory Mutual Insurance Company
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Resource Scarcity
- Geopolitical Stability
- Education
- Infrastructure
Environmental Achievements
- Belgium reduced emissions through a 15% increase in energy production from solar and wind, a 75% increase in electric vehicle adoption and a doubling of the number of buildings with the best energy performance certification.
Social Achievements
- Australia implemented a major initiative to conserve water, with more than a quarter of Australian homes collecting and storing rainwater for domestic use. Australia also adopted water markets and invested in technology, including hydro panels.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Geopolitical instability (wars in Ukraine and Gaza, Red Sea conflict), inflation, climate change (increased frequency, duration, or intensity of natural hazards), resource scarcity (water and food)
- Climate change exposure (wind and flood threats) for countries like Hong Kong and Ireland.
Mitigation Strategies
- Improved logistics factor in the index (based on World Bank data), incorporation of new climate-related factors (climate change exposure, greenhouse gas emissions, water stress) in the index, Australia's water conservation initiatives.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Flooding
- Wildfires
- Drought
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed