American International Group (AIG)

"The American International Group (AIG) has set a net zero target for 2050. Net Zero Tracker
The company does not specify which gases are covered by its target, nor does it specify if scope 1, 2, or 3 emissions are covered. Net Zero Tracker
AIG does not have a publicly available plan that outlines steps towards achieving its target. Net Zero Tracker
An interesting fact about AIG's environmental policy is that it does not refer to equity and does not have separate targets for emissions reductions and removals. Net Zero Tracker
In addition, you can check out the net-zero commitments …"

Current Score (vs. LY)

26.5 pts (2.0)

Last Update: Dec. 18, 2024

Current Rankings

Global: #191

S&P100: #87

Financials: #31

45.0%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

7.5%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

33.3%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 17,0156,15617,121
Scope 2 - location-based NANANA
Scope 2 - market-based 73,32271,10693,781
Scope 1-2 - location-based 17,0156,15617,121
Scope 1-2 - market-based 90,337 77,262 110,902
Scope 3 517,033430,602419,169
Total - location-based 534,048436,758436,290
Total - market-based 607,370 507,864 530,071

Note: Data sources detailed here

Y2022
Total CO2e estimate (by Net0Tracker) 2,182,027
Methodology Pre-calculated sector intensity (revenue)

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

17k6.2k17kY2019Y2020Y202102k4k6k8k10k12k14k16k18k
Operational EmissionsEmissions (in tons of CO​2​e)Scope 2not reportedScope 2not reportedScope 2not reported
Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

94.1%2.65%1.44%0.842%1%
Scope 3EmissionsY2021

Emissions Trajectory (Full Scopes)

2019202020212022202320242025202620272028202920302031203220332034203520362037203820392040204120422043204420452046204720482049205000.2M0.4M0.6M0.8M1M1.2M1.4M
GHG Emissions TrajectoryAmerican International Group (AIG)GHG Emissions


Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Société généraleAmerican International Group (AIG)AxaWells FargoBNP ParibasFidelity National Information ServicesVisa Inc.American ExpressJPMorgan Chase & Co.Chubb LimitedCME GroupS&P GlobalAonAflacMasterCard Inc.Progressive CorporationMetLife Inc.Prudential plcNatWest GroupLloyds Banking GroupHSBCMorgan StanleyBarclaysBlackRock Inc.PayPalUS BancorpWorldlinePNC Financial ServicesCrédit agricoleAllstate CorpBank of AmericaCharles Schwab CorpTruistThe Bank of New York MellonAllianzThe Travelers Companies, IncCapital One FinancialMoody's CorporationMarsh McLennanCitigroup Inc.Global PaymentsFiservGoldman Sachs GroupArthur J. Gallagher & Co.432100k9876543210k987654321000945678910B23456789100B
246810Intensity BenchmarkSector: Financialshigh----------Scope1+2 Emissions----------lowRevenue

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

American International Group (AIG) belongs to the sector Financials.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Absolute Emission Reductions


Net Zero Future Commitments


Science-based Targets (SBTI)

There is no Science-Based target recorded in our database. Email us to report missing information Email

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for American International Group by zerotracker.net: Sept. 4, 2024
Planning to use external offset credits Not Specified
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) Not Specified

Data source from zerotracker.net - For more information, see methodology

Score Summary

RefPrinciple Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 5.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 2.5 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 6.0 10.0 2.0
Transparency 13.5 30.0 2.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 3.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 0.0
7 Targets are science-based as validated by SBTi 0.0 10.0 0.0
Commitments 3.0 40.0 0.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 10.0 10.0 0.0
Results 10.0 30.0 0.0
Total26.5100.02.0


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2024 Score 2023 Score Vs. 2023 2022 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 5.0 0.0 5.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? NC 0.0/ 5.0 0.0 0.0 0.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? partly 2.5 / 5.0 2.5 0.0 2.5
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 0.0 0.0 0.0
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? C 6.0 / 10.0 4.0 2.0 4.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include an intermediate target by 2030? 2050 0.0 / 3.0 0.0 0.0 0.0
Does the net zero target include all the emissions? NC 0.0 / 4.0 0.0 0.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2050 0.0 / 5.0 0.0 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 0.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 0.0 0.0 0.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? NC 0.0 / 10.0 0.0 0.0 0.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.4°C 10.0 / 10.0 10.0 0.0 10.0
Total 26.5 / 100.0 24.5 2.0 24.5


Available Data Sources

Reporting Year 2021 2021 2020 2020 2020 2019 2019 2019 2019
Source Public Yourstake Public CDP Public Public CDP Public CDP
Publication Year 2022 2022 2022 2021 2021 2022 2021 2021 2020
Scope 1 17,015 17,015 6,156 6,156 6,156 17,121 17,121 17,121 17,121
Scope 2 - location-based NA NA NA 71,106 0 NA 93,781 0 93,781
Scope 2 - market-based 73,322 73,322 71,106 NA 71,106 93,781 NA 93,782 0
Scope 1-2 - location-based 17,015 17,015 6,156 77,262 6,156 17,121 110,902 17,121 110,902
Scope 1-2 - market-based 90,337 90,337 77,262 NA 77,262 110,902 NA 110,903 NA
Scope 3 517,033 517,033 430,602 1,394 1,394 419,169 0 44,695 44,695
Total - location-based 534,048 534,048 436,758 78,656 7,550 436,290 110,902 61,816 155,597
Total - market-based 607,370 607,370 507,864 NA 78,656 530,071 NA 155,598 NA

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email