Colonial Life Sustainability Profile
Colonial Life & Accident Insurance Company, commonly referred to as Colonial Life, is a prominent player in the employee benefits industry, headquartered in the United States. Established in 1939, the company has built a strong reputation for providing supplemental insurance products that enhance financial security for employees and their families. With a focus on major operational regions across the US, Colonial Life offers a range of core services, including disability insurance, accident insurance, and critical illness coverage. What sets Colonial Life apart is its commitment to personalised service and innovative solutions tailored to meet the diverse needs of its clients. Recognised for its market position, Colonial Life has achieved significant milestones, including a robust network of agents and a strong presence in the voluntary benefits sector, making it a trusted choice for businesses seeking to enhance their employee offerings.
DitchCarbon Score
How does Colonial 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
Colonial Life's score of 40 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Colonial Life, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Colonial Life & Accident Insurance Company, and any relevant emissions data may be inherited from its parent organisation, Unum Group, which operates at a cascade level of 1. As of now, Colonial Life has not established specific reduction targets or climate pledges, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) that would provide a framework for emissions reduction. The lack of publicly available data on emissions and commitments suggests that Colonial Life is still in the early stages of developing a comprehensive climate strategy. In the broader context of the insurance industry, many companies are increasingly focusing on sustainability and carbon reduction. However, without specific commitments or data, Colonial Life's current climate impact remains unclear.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 7,719,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 22,422,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 33,832,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Colonial Life's Industry?
How Carbon Intensive is Colonial Life's Location?
Colonial Life'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.
Colonial Life 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.
