John Hancock Life Insurance Company Sustainability Profile
John Hancock Life Insurance Company, a prominent player in the insurance and financial services industry, is headquartered in the United States. Founded in 1862, the company has established itself as a leader in life insurance, long-term care, and investment management, serving clients across various regions in the US. Renowned for its innovative approach, John Hancock offers a range of core products, including life insurance policies that incorporate wellness incentives, setting it apart in a competitive market. The company has achieved significant milestones, such as being one of the first to integrate health and wellness into its insurance offerings. With a strong market position, John Hancock continues to be recognised for its commitment to customer service and financial strength, making it a trusted choice for individuals seeking comprehensive life insurance solutions.
DitchCarbon Score
How does John Hancock Life Insurance Company'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
John Hancock Life Insurance Company's score of 68 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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John Hancock Life Insurance Company, headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is part of a corporate family relationship with Manulife Financial Corporation, from which it inherits emissions data and climate commitments. As a merged entity, John Hancock's climate initiatives and targets are aligned with those of Manulife Financial Corporation. However, specific reduction targets or achievements have not been disclosed. The company has not publicly committed to any Science-Based Targets Initiative (SBTi) reduction targets or other significant climate pledges. In the absence of direct emissions data, it is important to note that John Hancock Life Insurance Company is actively engaged in broader industry efforts to address climate change, although specific initiatives or commitments have not been detailed. The lack of reported emissions data highlights the need for transparency in corporate climate strategies, particularly in the insurance sector, where understanding carbon footprints is crucial for sustainability efforts.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 14,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 126,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | - | - | - |
How Carbon Intensive is John Hancock Life Insurance Company's Industry?
How Carbon Intensive is John Hancock Life Insurance Company's Location?
John Hancock Life Insurance Company's Scope 3 Categories Breakdown
John Hancock Life Insurance Company's Scope 3 emissions, which decreased by 38% last year and increased significantly since 2013, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 45% of total emissions under the GHG Protocol, with "Upstream Leased Assets" being the largest emissions source at 86% of Scope 3 emissions.
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John Hancock Life Insurance Company'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.
John Hancock Life Insurance Company 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.
