Sun Life
Sun Life Financial Inc., commonly known as Sun Life, is a leading international financial services company headquartered in Toronto, Canada. Established in 1865, Sun Life has grown to become a prominent player in the insurance and asset management industry, with significant operations across North America, Asia, and the UK. The company offers a diverse range of products and services, including life insurance, health insurance, and investment solutions, distinguished by their customer-centric approach and innovative technology. Sun Life's commitment to financial wellness and sustainability has earned it a strong market position, recognised for its robust financial performance and dedication to community initiatives. With a rich history of over 150 years, Sun Life continues to adapt and thrive in an ever-evolving financial landscape.
DitchCarbon Score
How does Sun 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 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
Sun Life's score of 35 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sun Life's reported carbon emissions
In 2023, Sun Life reported total carbon emissions of approximately 8.98 million tonnes CO2e. This figure includes 15.06 million tonnes from Scope 1 emissions, which primarily arise from direct operations, and 12.55 million tonnes from Scope 2 emissions, related to purchased electricity and cooling. Additionally, Scope 3 emissions, which encompass indirect emissions such as business travel and upstream leased assets, accounted for a significant portion of their total emissions. Over the years, Sun Life has made strides in reducing its carbon footprint. For instance, in 2020, total emissions were about 61.59 million tonnes CO2e, indicating a notable decrease by 2023. The company has also engaged in various sustainability initiatives, although specific reduction targets have not been detailed in the available data. Sun Life's commitment to addressing climate change is reflected in its participation in the Carbon Disclosure Project (CDP), where it has received varying scores over the years, with a recent score of "B" in 2022, indicating a moderate level of transparency and action on climate-related issues. The company continues to work towards enhancing its sustainability practices and reducing its overall emissions in alignment with industry standards.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 8,557,000 | 0,000,000 | 0,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Sun Life is committed to some 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.
