MLC Life Insurance
MLC Life Insurance, a prominent player in the Australian insurance sector, is headquartered in Melbourne, Australia. Established in 1891, the company has evolved significantly, marking key milestones in its commitment to providing comprehensive life insurance solutions. MLC Life Insurance operates primarily in the life insurance industry, offering a range of products including income protection, trauma cover, and total and permanent disability insurance. What sets MLC Life Insurance apart is its focus on customer-centric services and innovative solutions tailored to meet diverse needs. With a strong market position, the company has garnered recognition for its financial strength and reliability, making it a trusted choice for individuals and families seeking peace of mind. MLC Life Insurance continues to uphold its legacy of excellence while adapting to the ever-changing landscape of the insurance market.
DitchCarbon Score
How does MLC Life Insurance'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 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
MLC Life Insurance's score of 14 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
MLC Life Insurance's reported carbon emissions
In 2024, MLC Life Insurance reported total carbon emissions of approximately 1,065,104 kg CO2e. This figure includes 639,058 kg CO2e from Scope 2 emissions, primarily related to purchased electricity, and 426,046 kg CO2e from Scope 3 emissions, which encompass indirect emissions such as those from purchased goods and services, accounting for about 264,420 kg CO2e. Currently, MLC Life Insurance has not established specific reduction targets or initiatives, nor have they made any formal climate pledges. This lack of defined commitments places them in a broader industry context where many companies are increasingly focusing on setting science-based targets to mitigate climate impact. As the insurance sector evolves, MLC Life Insurance may need to consider developing strategies to address their carbon footprint and align with global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2024 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 639,058 |
| Scope 3 | 426,046 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
MLC Life Insurance is not committed to any reduction initiatives 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.
