Pacific Life Insurance Company, commonly known as Pacific Life, is a prominent player in the insurance and financial services industry, headquartered in the United States. Founded in 1868, the company has established a strong presence across major operational regions, including the West Coast and beyond, offering a diverse range of products and services. Specialising in life insurance, annuities, and investment products, Pacific Life is recognised for its commitment to customer service and innovative solutions tailored to meet individual financial needs. The company has achieved significant milestones, including a robust financial rating, which underscores its stability and reliability in the market. With a focus on long-term financial security, Pacific Life continues to be a trusted choice for individuals and businesses alike, solidifying its position as a leader in the insurance sector.
How does Pacific Life'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.
Mean score of companies in the Financial Intermediation 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.
Pacific Life's score of 31 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Pacific Life reported total carbon emissions of approximately 3,828,500 kg CO2e, comprising about 782,800 kg CO2e from Scope 1 and about 3,045,700 kg CO2e from Scope 2 emissions. This marks a significant reduction from previous years, with emissions decreasing from about 6,955,600 kg CO2e in 2022, 7,051,200 kg CO2e in 2021, and 9,457,900 kg CO2e in 2019. Pacific Life has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has focused on managing its Scope 1 and Scope 2 emissions, which are directly related to its operations and energy consumption. As the organisation continues to refine its climate strategies, it remains essential for Pacific Life to establish clear reduction targets to align with industry standards and global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 1,002,200 | 000,000 | 000,000 | 000,000 |
Scope 2 | 8,455,700 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | - |
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.
Pacific Life 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.