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Insurance Services
US
updated 2 months ago

John Hancock Life Insurance Company (U.S.A) Sustainability Profile

Company website

John Hancock Life Insurance Company (U.S.A.), a prominent player in the insurance and financial services industry, is headquartered in Boston, Massachusetts. Founded in 1862, the company has a rich history marked by significant milestones, including its evolution into a leading provider of life insurance and investment solutions. John Hancock offers a diverse range of core products, including life insurance, long-term care insurance, and retirement plans, distinguished by their innovative features and customer-centric approach. The company is particularly noted for its integration of wellness programmes into its life insurance offerings, promoting healthier lifestyles among policyholders. With a strong market position, John Hancock is recognised for its commitment to financial security and customer service excellence, making it a trusted choice for individuals and families seeking comprehensive insurance solutions in the U.S.

DitchCarbon Score

How does John Hancock Life Insurance Company (U.S.A)'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.

57

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.

33

Industry Benchmark

John Hancock Life Insurance Company (U.S.A)'s score of 57 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.

73%

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John Hancock Life Insurance Company (U.S.A)'s reported carbon emissions

Inherited from Manulife Financial Corporation

John Hancock Life Insurance Company (U.S.A) currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The company is a current subsidiary of Manulife Financial Corporation, which means that any emissions data or climate commitments may be inherited from its parent organisation. As part of its climate strategy, John Hancock Life Insurance Company (U.S.A) aligns with the sustainability initiatives of Manulife Financial Corporation. This includes commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which are aimed at reducing greenhouse gas emissions and enhancing transparency in climate-related performance. However, specific reduction targets or achievements have not been disclosed for John Hancock Life Insurance Company (U.S.A) at this time. In summary, while John Hancock Life Insurance Company (U.S.A) does not currently report specific emissions data or reduction targets, it is part of a broader corporate family that is engaged in significant climate commitments through its parent company, Manulife Financial Corporation.

Unlock detailed emissions data

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

2012201320142015201620172018201920202021202220232024
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
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
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
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 (U.S.A)'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. John Hancock Life Insurance Company (U.S.A)'s primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is John Hancock Life Insurance Company (U.S.A)'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 John Hancock Life Insurance Company (U.S.A) is in US, which has a low grid carbon intensity relative to other regions.

John Hancock Life Insurance Company (U.S.A)'s Scope 3 Categories Breakdown

John Hancock Life Insurance Company (U.S.A)'s Scope 3 emissions, which increased by 4% 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 "Purchased Goods and Services" being the largest emissions source at 77% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
77%
Business Travel
10%
Fuel and Energy Related Activities
5%
Employee Commuting
4%
Waste Generated in Operations
3%
Capital Goods
<1%

John Hancock Life Insurance Company (U.S.A)'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 (U.S.A) has established climate goals through participation in recognized frameworks and target-setting initiatives. 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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