Public Profile

StanCorp Financial Group, Inc.

StanCorp Financial Group, Inc., commonly referred to as StanCorp, is a prominent player in the financial services industry, headquartered in the United States. Founded in 1906, the company has established a strong presence across various operational regions, focusing primarily on employee benefits, insurance, and investment solutions. StanCorp is renowned for its core offerings, which include group life and disability insurance, as well as retirement plans. What sets StanCorp apart is its commitment to providing tailored solutions that meet the unique needs of businesses and their employees. Over the years, the company has achieved significant milestones, solidifying its market position as a trusted provider in the financial sector. With a reputation for reliability and innovation, StanCorp continues to be a key player in shaping the future of employee benefits and financial security.

DitchCarbon Score

How does StanCorp Financial Group, Inc.'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.

23

Industry Average

Mean score of companies in the Insurance Services 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.

26

Industry Benchmark

StanCorp Financial Group, Inc.'s score of 23 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

StanCorp Financial Group, Inc.'s reported carbon emissions

In 2021, StanCorp Financial Group, Inc. reported total carbon emissions of approximately 3,312,400 kg CO2e, comprising 1,403,800 kg CO2e from Scope 1 emissions and 1,908,600 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Currently, there are no specific reduction targets or initiatives outlined in their climate commitments. This lack of defined goals suggests that while StanCorp is aware of its carbon footprint, it may not yet have established a comprehensive strategy for emissions reduction. As the financial services industry increasingly prioritises sustainability, StanCorp's future commitments will be crucial in aligning with industry standards and expectations for climate action.

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2021
Scope 1
1,403,800
Scope 2
1,908,600
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. StanCorp Financial Group, Inc.'s primary industry is Insurance and pension funding services, except compulsory social security services (66), 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. StanCorp Financial Group, Inc. is headquartered in US, which has a rank of low, indicating low grid carbon 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.

StanCorp Financial Group, Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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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