Vericity Holdings, Inc., a prominent player in the insurance and financial services sector, is headquartered in the United States. Founded in 2013, the company has rapidly established itself as a leader in providing innovative insurance solutions, particularly in the areas of life insurance and related financial products. With a focus on enhancing customer experience, Vericity offers unique services that leverage advanced technology and data analytics, setting it apart from competitors. The company operates primarily in the US market, with significant outreach in various regions, ensuring accessibility to its diverse clientele. Notable achievements include a strong market position characterised by consistent growth and a commitment to customer-centric solutions. Vericity Holdings continues to redefine the landscape of insurance services, making it a trusted name in the industry.
How does Vericity Holdings, Inc.'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.
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.
Vericity Holdings, Inc.'s score of 44 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vericity Holdings, Inc., headquartered in the US, currently does not have specific carbon emissions data available for recent years, as indicated by the absence of reported figures. The company is a current subsidiary of iA Financial Corporation Inc., which may influence its climate commitments and emissions reporting. As of now, Vericity Holdings has not established any documented reduction targets or climate pledges. The lack of specific initiatives or targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given its relationship with iA Financial Corporation Inc., emissions data and climate initiatives may be cascaded from this parent organisation. However, without explicit emissions figures or commitments from either Vericity Holdings or its parent company, it is challenging to provide a detailed overview of their carbon footprint or climate action plans. In summary, while Vericity Holdings, Inc. is part of a larger corporate family that may have climate initiatives, specific emissions data and reduction targets are currently unavailable.
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 125,000 | 00,000 | 00,000 | 00,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,938,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 |
Vericity Holdings, Inc.'s Scope 3 emissions, which decreased by 16% last year and increased significantly since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 98% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Vericity Holdings, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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