Protective Life Sustainability Profile
Protective Life Corporation, commonly known as Protective Life, is a prominent player in the insurance and financial services industry, headquartered in the United States. Founded in 1907, the company has established a strong presence across various operational regions, focusing on life insurance, annuities, and asset protection solutions. With a commitment to providing innovative products, Protective Life offers a range of services, including term life insurance, whole life insurance, and universal life insurance, each designed to meet diverse customer needs. The company is recognised for its customer-centric approach and financial strength, consistently earning high ratings from industry analysts. Over the years, Protective Life has achieved significant milestones, solidifying its market position as a trusted provider of insurance solutions, making it a preferred choice for individuals and families seeking financial security.
DitchCarbon Score
How does Protective 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.
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.
Industry Benchmark
Protective Life's score of 67 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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In 2022, Protective Life Corporation, headquartered in the US, reported total carbon emissions of approximately 9,585,200 kg CO2e. This figure includes 821,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion (817,500 kg CO2e) and a minor contribution from stationary combustion (3,500 kg CO2e). The company disclosed no Scope 2 emissions based on a market-based approach, but reported 8,765,200 kg CO2e under a location-based method. Protective Life's emissions data is cascaded from its parent company, Dai-ichi Life Holdings, Inc., reflecting a corporate family relationship. However, the company has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. As part of the broader industry context, the absence of defined reduction initiatives suggests that Protective Life may need to enhance its climate strategy to align with evolving sustainability expectations.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 137,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
How Carbon Intensive is Protective Life's Industry?
How Carbon Intensive is Protective Life's Location?
Protective Life's Scope 3 Categories Breakdown
Protective Life's Scope 3 emissions, which decreased by 67% last year and increased by approximately 936% since 2013, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 58% of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 413% of Scope 3 emissions.
Top Scope 3 Categories
Protective Life'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.
Protective Life has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
