American International Group Inc. said on Monday that its carbon dioxide emissions of scope 1 and 2 increased in 2021 but remained below pre-pandemic levels due to property consolidation.
AIG reduced its office space in the New York area from seven properties to three in central and central New York City and Jersey City, New Jersey, last year.
AIG’s emissions from business travel also tripled in 2021 as pandemic restrictions eased.
Carbon dioxide emissions from business travel increased to 4,410 tonnes of carbon dioxide equivalents in 2021, compared with 1,394 in 2020, according to AIG’s second environmental, social and governance report released on Monday.
AIG had reported a 97% reduction in carbon dioxide emissions from business travel in 2020 due to the transition to working from home.
AIG̵7;s overall estimated scope 3 emissions, which include business travel, increased by 20% in 2021 compared with the previous year. The increase was mainly due to improvements in data coverage and the introduction of four additional scope 3 sources as well as the increase in business travel, said AIG.