GlobalData offers a comprehensive analysis of Nationwide Mutual Insurance, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Nationwide Mutual Insurance‘s ESG performance. GlobalData’s company profile on Nationwide Mutual Insurance offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

Nationwide Mutual Insurance supported initiatives aimed at reducing climate change in 2022 and encouraged environmentally sustainable outcomes. Nationwide Mutual Insurance's latest filings mentioned the keywords 'Renewable Energy' and 'Emissions' most number of times in relation to 'Climate Change'.

The company through measures like the implementation of LED lights and efficient heating and cooling systems has achieved a 41% reduction in carbon footprint per square foot since 2010. Moreover, it has successfully reduced waste by 2,629 tons since 2017 and enhanced landfill diversion from 39% to 46% during the same period. Nationwide Mutual Insurance's latest filings mentioned the keywords 'Renewable Energy' and 'Emissions' most number of times in relation to 'Climate Change'.

In 2022, Nationwide has invested $108 million in renewable energy and $688 million in sustainable debt instruments, which promote environmentally sustainable outcomes and support efforts related to climate change mitigation. The company has also installed 3,000 solar panels covering over 86,000 square feet of its Scottsdale, Arizona offices. In addition, Nationwide has reduced its water usage by 3,096,072 gallons in 2022 and printed 248,420 fewer pages than in 2021. By replacing conventional light bulbs with LED bulbs in 2022, the company expects to conserve approximately 1.8 million kilowatt-hours of electricity and save $161,000 annually.

In conclusion, Nationwide Mutual Insurance has shown strong commitment to environmental sustainability by reducing their carbon footprint, waste, water usage, and paper waste. They have invested in renewable energy, installed solar panels, and switched to LED lighting. Nationwide sets an example for other companies in their efforts to combat climate change and promote a greener future.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies representing the world’s largest industries. This analysis is combined with crucial details on strategic and investment priorities, innovation strategies, and CXO insights to provide comprehensive company profiles.