Of all insurance companies with a global public brand, Liberty Mutual has the weakest fossil fuel restrictions. It needs to step up across the board, adopt restrictions for oil and gas expansion, and rule out support for disastrous projects like DRC oil drilling and EACOP.
Liberty Mutual
2024 Scorecard on Insurance, Fossil Fuels and the Climate Emergency
| Company | Country | ceo | Underwriting | Investment | Renewables : Fossils Premiums (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | Coal | Oil & Gas | Total | Coal | Oil & Gas | |||||||
Liberty Mutual | | Timothy M. Sweeney | 0.21 / 10 Rank 24 Total 0.21 / 10 Coal 0.61 / 10 Oil & Gas 0.00 / 10 Total Rank 24 Coal Rank 23 Oil & Gas Rank 24 | 0.61 / 10 Rank 23 | 0.00 / 10 Rank 24 | 0.86 / 10 Rank 21 Total 0.86 / 10 Coal 2.50 / 10 Oil & Gas 0 / 10 Total Rank 21 Coal Rank 12 Oil & Gas Rank 22 | 2.50 / 10 Rank 12 | 0 / 10 Rank 22 | 25:75 | |||
CEO: Timothy M. Sweeney
United StatesUnderwriting Score
Total
0.21 / 10
Rank 24
Coal
0.61 / 10
Rank 23
Oil & Gas
0.00 / 10
Rank 24
Investment Score
Total
0.86 / 10
Rank 21
Coal
2.50 / 10
Rank 12
Oil & Gas
0 / 10
Rank 22
Rank over time
The companies were ranked from 1 (best) to 30 (worst) based on their scores, companies with the same score were given the same rank. Data was not collected on oil & gas until 2020.
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