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Public Profile
Financial Intermediation
US
updated 3 months ago

Pacific Life

Company website

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.

DitchCarbon Score

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.

37

Industry Average

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.

27

Industry Benchmark

Pacific Life's score of 37 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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Pacific Life's reported carbon emissions

In 2023, Pacific Life reported total carbon emissions of approximately 3,828,500 kg CO2e, comprising 782,800 kg CO2e from Scope 1 and 3,045,700 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2022, where total emissions were about 6,955,600 kg CO2e, with Scope 1 at 883,300 kg CO2e and Scope 2 at 6,072,300 kg CO2e. Pacific Life has set ambitious climate commitments, aiming to reduce its Scope 1 emissions by 30% from 2019 levels by 2030. Additionally, the company targets near-zero Scope 1 and Scope 2 emissions by the middle of this decade (2025). The 2019 baseline for Scope 1 emissions was approximately 1,002,200 kg CO2e, indicating a target reduction to about 701,540 kg CO2e by 2030. The emissions data is cascaded from its parent company, Pacific Life Insurance Company, reflecting the organisation's commitment to sustainability and climate action.

Unlock detailed emissions data

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

2019202120222023
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
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Pacific Life's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Pacific Life is in US, which has a low grid carbon intensity relative to other regions.

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.

Pacific Life is not participating in any of the initiatives that 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.

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?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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