Sun Life
Sun Life Financial Inc., commonly known as Sun Life, is a leading international financial services company headquartered in Canada. Established in 1865, Sun Life has grown to become a prominent player in the insurance and asset management sectors, with significant operations across North America, Asia, and the UK. The company offers a diverse range of products and services, including life insurance, health insurance, and investment solutions, distinguished by their customer-centric approach and innovative offerings. Sun Life's commitment to financial wellness and sustainability has earned it a strong market position, recognised for its robust financial performance and dedication to community initiatives. With over 150 years of experience, Sun Life continues to adapt and thrive in an ever-evolving industry landscape.
DitchCarbon Score
How does Sun Life'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
Sun Life's score of 50 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sun Life's reported carbon emissions
In 2023, Sun Life reported total carbon emissions of approximately 15,057,000 kg CO2e from Scope 1, 12,553,000 kg CO2e from Scope 2, and 25,792,000 kg CO2e from Scope 3, amounting to a total of about 53,402,000 kg CO2e. This represents a significant reduction from previous years, with total emissions decreasing from approximately 61,590,000 kg CO2e in 2020 and 76,196,000 kg CO2e in 2019. Sun Life has set ambitious climate commitments, aiming for a 50% absolute reduction in greenhouse gas (GHG) emissions across all scopes by 2030, relative to 2019 levels. Additionally, the company is committed to achieving net zero emissions in its operations by 2050. These targets reflect a proactive approach to climate action, aligning with industry standards for sustainability and emissions reduction. The company has disclosed emissions data across all three scopes, demonstrating transparency in its environmental impact. With a focus on reducing emissions from business travel and upstream leased assets, Sun Life is taking significant steps towards a more sustainable future.
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Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 10,403,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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.
Sun Life is not participating in any of the initiatives that 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.
