Athene
Athene Holding Ltd., commonly referred to as Athene, is a prominent player in the insurance and reinsurance industry, headquartered in the United States. Founded in 2009, Athene has rapidly established itself as a leader in the retirement services sector, focusing on fixed indexed annuities and other retirement solutions. With a strong operational presence across North America, the company has achieved significant milestones, including its successful initial public offering in 2016. Athene's core offerings, such as its innovative annuity products, are designed to provide customers with financial security and growth potential. The company is recognised for its commitment to customer-centric solutions and robust risk management strategies. Athene's market position is further solidified by its impressive financial ratings and a reputation for reliability, making it a trusted choice for individuals seeking to secure their financial futures.
DitchCarbon Score
How does Athene's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Athene's score of 33 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Athene's reported carbon emissions
In 2023, Athene reported total carbon emissions of approximately 33,000,000 kg CO2e, comprising 1,182,000 kg CO2e from Scope 1, 9,802,000 kg CO2e from Scope 2, and 21,007,000 kg CO2e from Scope 3 emissions. This marked a significant increase in emissions compared to previous years, particularly in Scope 3, which saw a rise from about 10,481,000 kg CO2e in 2022. In 2022, Athene's total emissions were approximately 26,000,000 kg CO2e, with Scope 1 emissions at 1,171,000 kg CO2e, Scope 2 at 8,546,000 kg CO2e, and Scope 3 at 10,481,000 kg CO2e. The trend indicates a growing reliance on activities contributing to Scope 3 emissions, which often include supply chain and product use emissions. In 2021, the company reported total emissions of about 19,000,000 kg CO2e, with Scope 1 at 876,000 kg CO2e, Scope 2 at 7,658,000 kg CO2e, and Scope 3 at 1,725,000 kg CO2e. This was a decrease from 2020, where total emissions were approximately 15,000,000 kg CO2e, with Scope 1 at 653,000 kg CO2e, Scope 2 at 9,362,000 kg CO2e, and Scope 3 at 777,000 kg CO2e. Despite these figures, Athene has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within a sector that is increasingly scrutinised for its environmental impact, highlighting the importance of establishing clear climate commitments to align with industry standards and expectations.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,883,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 9,332,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,333,000 | 000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Athene is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
