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Public Profile
Insurance Services
AU
updated 8 months ago

HCF Life Insurance Company Pty Limited Sustainability Profile

Company website

HCF Life Insurance Company Pty Limited, commonly known as HCF, is a prominent player in the Australian insurance industry, headquartered in Sydney, Australia. Founded in 1932, HCF has established itself as a trusted provider of life insurance and health cover, serving customers across major operational regions in New South Wales, Victoria, and Queensland. HCF offers a range of core products, including life insurance, income protection, and trauma cover, distinguished by their commitment to customer service and comprehensive coverage options. The company has achieved notable milestones, such as being one of the largest not-for-profit health funds in Australia, which enhances its market position and reputation for reliability. With a focus on delivering value and peace of mind, HCF continues to be a leading choice for individuals seeking quality life insurance solutions.

DitchCarbon Score

How does HCF Life Insurance Company Pty Limited'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.

14

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.

31

Industry Benchmark

HCF Life Insurance Company Pty Limited's score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

8%

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HCF Life Insurance Company Pty Limited's reported carbon emissions

HCF Life Insurance Company Pty Limited, headquartered in Australia, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is classified as a current subsidiary and does not inherit emissions data from a parent organization. In terms of climate commitments, HCF Life Insurance has not established any documented reduction targets or initiatives, nor does it participate in recognised frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). Consequently, there are no specific climate pledges or commitments to report. As a current subsidiary, HCF Life Insurance's climate strategy may evolve in alignment with broader industry trends and expectations, but specific details regarding their climate initiatives or future targets remain unspecified at this time.

How Carbon Intensive is HCF Life Insurance Company Pty Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HCF Life Insurance Company Pty Limited's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is HCF Life Insurance Company Pty Limited'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 HCF Life Insurance Company Pty Limited is in AU, which has a very high grid carbon intensity relative to other regions.

HCF Life Insurance Company Pty Limited'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.

HCF Life Insurance Company Pty Limited 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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