Berkshire Hathaway

Berkshire Hathaway

Community score

-0.52 -55
Industry: Insurance
Listing country: United States
Year added: 2018

Berkshire Hathaway, with a storied history that traces back to Valley Falls Company in 1839, has evolved into a major multinational conglomerate holding company. Headquartered in Omaha, Nebraska, United States, it oversees a vast array of business segments, making it one of the largest and most diversified companies globally. Key business categories under Berkshire Hathaway include a significant insurance and reinsurance presence through well-known entities such as GEICO, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. The company's reach extends into utilities and energy through holdings like Berkshire Hathaway Energy. Additionally, it is a major player in freight rail transportation, with BNSF Railway standing out as a prominent subsidiary. In the manufacturing sector, Berkshire Hathaway manages a wide range of industries, enhancing its versatility in the economic landscape. The retail sphere is another area of prowess, with investments in furniture, confectionery, and jewelry stores. Furthermore, the company boasts a robust profile in services and retailing, as evidenced by its ownership of NetJets and Dairy Queen. The finance and financial products segment rounds out its vast business portfolio. Prominent brands under the Berkshire Hathaway umbrella include GEICO, well-known for its auto insurance products; Dairy Queen, a favorite for fast food and ice cream treats; and BNSF Railway, a leading provider of freight rail transportation. Additionally, the company has stakes in Fruit of the Loom, offering clothing essentials, Duracell known for reliable batteries, and Helzberg Diamonds, reflecting luxury in jewelry. NetJets serves the private aviation market, Clayton Homes dominates in manufactured housing, See’s Candies delights with confectionery, and Benjamin Moore & Co. stands out in paints and coatings. Though Berkshire Hathaway's businesses focus primarily on the United States market, their operations and product distribution extend internationally, reflecting the significance of global trade. The reach of its products and services varies across different countries, depending on the market presence and penetration of its various subsidiaries. (Powered by AI)

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Berkshire Hathaway

Greenhouse gases (GHGs) trap the sun's heat and cause a rise in temperature and sea level, extreme weather conditions, and climate change1. Globally, 50 billion (Bn) tonnes (t) of CO2e are emitted every year2. Global temperature has risen by about...

Ifeoluwa I. December 22nd, 2023
54 ratings
Berkshire Hathaway

In order to ensure strong institutions and the well-being of society, governments spend a considerable amount of the state's budget on public goods and services, which are funded through taxes paid by individuals and corporations1. Corporate taxes...

Alexander A. February 29th, 2024
20 ratings
Berkshire Hathaway

In 2022 3.32 billion people were employed globally1. Job creation assists society in many ways, such as eliminating poverty and bringing economic stability that eventually leads to new taxpayers2. It also gives opportunities for personal growth an...

Damola D. September 22nd, 2023
18 ratings
Berkshire Hathaway

Discrimination makes it harder for minorities to meet basic financial requirements1. People are often discriminated against based on age, race, ethnicity, etc2. Increasing minority representation improves their economic and psychological health co...

Renu R. September 7th, 2023
28 ratings
Berkshire Hathaway

Financial institutions play a key role in financing the energy transition1;p4. Energy production accounts for 72% of carbon emissions2, while fossil fuel emissions remain the primary cause of global warming3. Since 2015, USD$ 3.6 trillion has been...

Oluwatobi O. December 14th, 2022
20 ratings
Berkshire Hathaway

According to the ILO, an organization needs 40-60% representation of either gender to achieve gender balance1;pxii. Female underrepresentation limits economic development and squanders human potential, unequally distributing economic growth benefi...

Oluwatobi O. September 7th, 2023
18 ratings
Berkshire Hathaway

Insurance has been known to benefit people and society at large in various ways1. Among its most crucial benefits is indemnification of individuals and organizations against losses cash flow management1. Insurance protects the society’s wealth, ...

Ebenezer O. October 25th, 2021
14 ratings

Most negative / positive SDG

+2.50
-3.81