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.
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.
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.
Athene's score of 35 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 data reflects a comprehensive disclosure of emissions across all three scopes, indicating a commitment to transparency in their environmental impact. Comparatively, in 2022, Athene's emissions were about 12,000,000 kg CO2e from Scope 1, 8,546,000 kg CO2e from Scope 2, and 10,481,000 kg CO2e from Scope 3, totalling around 31,000,000 kg CO2e. This shows a slight increase in total emissions year-on-year, primarily driven by Scope 3 emissions. Athene has not set specific reduction targets or initiatives as part of their climate commitments, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). Their emissions data is not cascaded from a parent company, ensuring that the figures are solely reflective of Athene's operations. Overall, Athene's emissions profile highlights the need for ongoing assessment and potential strategies to mitigate their carbon footprint, particularly in Scope 3 emissions, which represent the largest portion of their total emissions.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 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.