Standard Insurance Company
Standard Insurance Company, often referred to simply as Standard, is a prominent player in the insurance industry, headquartered in the United States. Established in 1906, the company has built a strong reputation for providing a diverse range of insurance products, including life, disability, and health insurance, primarily serving clients across the US. With a focus on innovative solutions and customer-centric services, Standard Insurance Company stands out for its commitment to financial security and well-being. The company has achieved significant milestones over the years, solidifying its market position as a trusted provider. Known for its robust claims support and tailored insurance plans, Standard continues to meet the evolving needs of individuals and businesses alike, making it a key contender in the competitive insurance landscape.
DitchCarbon Score
How does Standard Insurance Company'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
Standard Insurance Company'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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Standard Insurance Company, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, the company is part of a corporate family that includes StanCorp Financial Group, Inc., which may influence its climate commitments and performance metrics. As a current subsidiary, Standard Insurance Company inherits climate-related initiatives from its parent organisation, Meiji Yasuda Life Insurance Company, at a cascade level of 2. While specific reduction targets or achievements are not detailed, the company is aligned with broader industry efforts to address climate change. Standard Insurance Company has not publicly committed to specific Science-Based Targets Initiative (SBTi) reduction targets or disclosed any climate pledges. This lack of data suggests that while the company may be engaged in sustainability efforts, it has yet to formalise or communicate specific carbon reduction strategies. In summary, Standard Insurance Company is currently in a position where it does not report its own emissions data or specific climate commitments, relying instead on the broader initiatives of its parent company and corporate family.
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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.
Standard Insurance Company 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.
