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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.
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.
Industry Benchmark
StanCorp Financial Group, Inc.'s score of 27 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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, which includes 1,403,800 kg CO2e from Scope 1 and 1,908,600 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Despite the significant emissions figures, StanCorp has not set specific reduction targets or initiatives as part of its climate commitments. The emissions data is cascaded from its parent company, Meiji Yasuda Life Insurance Company, indicating a corporate family relationship that influences its environmental reporting. As a current subsidiary, StanCorp's climate strategy may align with broader initiatives from its parent organisation, although specific commitments or targets have not been detailed. The absence of defined reduction goals suggests an opportunity for the company to enhance its climate action framework in the future.
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| 2021 | |
|---|---|
| Scope 1 | 1,403,800 |
| Scope 2 | 1,908,600 |
| Scope 3 | - |
Industry emissions intensity
Location emissions 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 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.
