Progressive (PGR)

Overall impact
C (48)

Commentary

Progressive is an average overall performer. With a 'C' rating of 48.0 for overall impact (37th percentile compared to all companies), Progressive ranks 45th out of 83 industry peers, behind Allstate, AIG, The Hartford and 41 others, and ahead of Horace Mann Educators, State Auto Financial, Alleghany and 35 others. On top material causes for Progressive's industry (Insurance), Progressive performs well in Quality Lifelong Education (85.0 score), Racial Justice and Civil Rights (92.0) and Equal Pay and Opportunity (95.8) and performs poorly in Improved Mental Health (30.7 score), Fair Labor Practices (32.3), Disaster Readiness and Effective Aid (22.8) and 7 other causes where it received a 'D' or 'F' score.
Impact
Cause PGR
Peer rank
Overall impact

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Impact trend

Change in rating for overall impact

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Company
Founded
1937
Employees
66,308
Sector
Financials
Industry
Insurance
Sub-industry
Property & Casualty Insurance
SASB industry
Insurance
Headquarters
Oh, United States
Share classes
PGR
Mission
To reduce the human trauma and economic costs associated with automobile accidents.
Description
The Progressive Corporation operates as an insurance company in the United States. The company writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. It also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos; business-related general liability and commercial property insurance for small businesses; and workers' compensation insurance for the transportation industry. In addition, the company offers other specialty property-casualty insurance and provide related services; personal property reinsurance products; and involved in investment activities. It sells its products through independent insurance agencies, as well as online and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.
Material causes
Ethos considers the following causes material for Progressive, based on its industry sub-industry Property & Casualty Insurance. Learn more about material causes in our methodology overview.

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