Progressive CorpProgressive Corp - ESG Rating & Company Profile powered by AI

Industry Group:Property & Casualty Insurance

This report of Progressive Corp was assembled by All Street Sevva using advanced Cognitive Robots. Browse to the end of this webpage for potential risks for Progressive Corp based on industry, geography and size. This analysis of Progressive Corp leverages data from across the internet and also from public filings by Progressive Corp.

Progressive Corp in the Property & Casualty Insurance industry gained a UN SDG ESG Transparency Score of 3.0; made up of an environmental score of 4.8, social score of 0.0 and governance score of 4.0.

SDG Transparency Score for Progressive Corp 

3.0

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Progressive Corp 
4.8

Environmental

0.0

Social

4.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Zurich Insurance Group AG
8.4
High
2ICICI Lombard General Insurance Company Ltd
8.2
High
.........
206Nitol Insurance Company Ltd
3.1
Medium
206Mutual Benefits Assurance PLC
3.1
Medium
214Progressive Corp
3.0
Medium
214Bahrain Kuwait Insurance Co BSC
3.0
Medium
214Al Ain Ahlia Insurance Company PSC
3.0
Medium
.........
337Silver Star Insurance Co Ltd
0.0
Low
337XLIT Ltd
0.0
Low
.........
View the full peer group of 426 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Progressive Corp have an accelerator or VC vehicle to help deliver innovation?

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Does Progressive Corp reference operational or capital allocation in relation to climate change?

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Does Progressive Corp disclose its ethnicity pay gap?

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Does Progressive Corp disclose cybersecurity risks?

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Does Progressive Corp offer flexible work?

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Does Progressive Corp have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Progressive Corp disclose the number of employees in R&D functions?

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Does Progressive Corp conduct supply chain audits?

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Does Progressive Corp disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Progressive Corp conduct 360 degree staff reviews?

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Does Progressive Corp disclose the individual responsible for D&I?

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Does Progressive Corp disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Progressive Corp disclose current and / or historical scope 2 emissions?

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Does Progressive Corp disclose water use targets?

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Does Progressive Corp have careers partnerships with academic institutions?

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Did Progressive Corp have a product recall in the last two years?

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Does Progressive Corp disclose incidents of discrimination?

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Does Progressive Corp allow for Work Councils/Collective Agreements to be formed?

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Has Progressive Corp issued a profit warning in the past 24 months?

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Does Progressive Corp disclose parental leave metrics?

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Does Progressive Corp disclose climate scenario or pathway analysis?

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Does Progressive Corp disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Progressive Corp disclose the pay ratio of women to men?

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Does Progressive Corp support suppliers with sustainability related research and development?

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Does Progressive Corp disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Progressive Corp reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Progressive Corp involved in embryonic stem cell research?

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Does Progressive Corp disclose GHG and Air Emissions intensity?

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Does Progressive Corp disclose its waste policy?

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Does Progressive Corp report according to TCFD requirements?

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Does Progressive Corp disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Progressive Corp disclose energy use targets?

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Does Progressive Corp disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Progressive Corp have a policy relating to cyber security?

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Potential Risks for Progressive Corp
These potential risks are based on the size, segment and geographies of the company.

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to homeowner general liability, workers' compensation insurance, and other products. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.

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