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updated 2 months ago

AIG Life & Retirement Sustainability Profile

Company website

AIG Life & Retirement, a prominent division of American International Group, Inc., is headquartered in the United States and operates extensively across North America. Founded in 1919, the company has established itself as a leader in the insurance and financial services industry, focusing on life insurance, retirement solutions, and investment products. AIG Life & Retirement is renowned for its innovative offerings, including fixed and variable annuities, life insurance policies, and asset management services, which cater to a diverse clientele. The company’s commitment to customer-centric solutions and robust financial strength has positioned it as a trusted partner in securing financial futures. With a strong market presence and a history of significant milestones, AIG Life & Retirement continues to shape the landscape of life and retirement planning.

DitchCarbon Score

How does AIG Life & Retirement'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.

22

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

AIG Life & Retirement's score of 22 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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AIG Life & Retirement's reported carbon emissions

Inherited from American International Group, Inc.

AIG Life & Retirement, headquartered in the US, currently does not have specific carbon emissions data available for recent years, as indicated by the absence of emissions figures. The organisation is a current subsidiary of American International Group, Inc., which may influence its climate-related strategies and commitments. While AIG Life & Retirement has not disclosed specific reduction targets or initiatives, it is important to note that the broader corporate family, American International Group, Inc., may have established climate commitments that could impact AIG Life & Retirement's approach to sustainability. However, no specific details regarding these commitments or targets have been provided. As a current subsidiary, AIG Life & Retirement's climate strategy may align with the overarching goals of its parent company, but without explicit data or commitments, it is challenging to assess their individual carbon footprint or reduction initiatives. The organisation's future climate actions will likely be informed by industry standards and best practices as they evolve.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
Scope 1
17,121,000
0,000,000
00,000,000
0,000,000
0,000,000
0,000,000
Scope 2
93,781,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
419,169,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

How Carbon Intensive is AIG Life & Retirement's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. AIG Life & Retirement's primary industry is , which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is AIG Life & Retirement's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for AIG Life & Retirement is in US, which has a low grid carbon intensity relative to other regions.

AIG Life & Retirement's Scope 3 Categories Breakdown

AIG Life & Retirement's Scope 3 emissions, which decreased by 22% last year and decreased by approximately 54% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 79% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
79%
Business Travel
11%
Fuel and Energy Related Activities
<1%

AIG Life & Retirement's Climate Goals (2030 & 2050)

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.

AIG Life & Retirement 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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