New York Life

New York Life, a US-based company in the Insurance and pension funding services sector, reported its most recent emissions data for 2025.

In 2025, New York Life's global Scope 1 emissions were 9,479,000 kg CO2e. Scope 2 emissions (market-based) were 67,927,000 kg CO2e, while location-based Scope 2 emissions were 95,299,000 kg CO2e. Their global Scope 3 emissions totalled 55,394,000 kg CO2e, including 7,476,000 kg CO2e from business travel, 10,712,000 kg CO2e from employee commute, 27,102,000 kg CO2e from downstream leased assets, 4,240,000 kg CO2e from waste generated in operations, and 5,863,000 kg CO2e from fuel and energy-related activities.

Looking back to 2024, the company's global Scope 1 emissions were 9,570,000 kg CO2e. Market-based Scope 2 emissions were 75,388,000 kg CO2e, with location-based Scope 2 emissions at 91,835,000 kg CO2e. Global Scope 3 emissions for 2024 were 57,931,000 kg CO2e.

For 2023, New York Life's global Scope 1 emissions were 10,545,000 kg CO2e, and market-based Scope 2 emissions were 94,228,000 kg CO2e. Global Scope 3 emissions for the same year were 39,420,000 kg CO2e.

New York Life has set a commitment to reduce its operational Scope 1 and Scope 2 emissions by 30% by 2030, against a 2019 baseline. Furthermore, New York Life, through Ausbil, supports a commitment to achieve net-zero GHG emissions by 2050 for Scope 3 emissions. All emissions data and climate commitments are reported directly by New York Life Insurance Company.