Public Profile

Sun Life

Sun Life Financial Inc., commonly known as Sun Life, is a leading international financial services company headquartered in Canada. Established in 1865, Sun Life has grown to become a prominent player in the insurance and asset management sectors, 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 offerings. 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 over 150 years of experience, Sun Life continues to adapt and thrive in an ever-evolving industry 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.

35

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Sun Life's score of 35 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

87%

Sun Life's reported carbon emissions

In 2023, Sun Life reported total carbon emissions of approximately 8,975,499,000 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions were about 15,057,000 kg CO2e, Scope 2 emissions totalled approximately 12,553,000 kg CO2e, and Scope 3 emissions accounted for around 8,950,000 kg CO2e. Over the years, Sun Life has demonstrated a commitment to reducing its carbon footprint. However, specific reduction targets or initiatives have not been disclosed. The company has reported emissions data consistently from 2014 to 2023, showcasing a trend in emissions management, but lacks defined reduction targets under frameworks such as the Science Based Targets initiative (SBTi). Sun Life's emissions profile indicates a significant reliance on Scope 3 emissions, which often represent the largest share of total emissions for financial services firms. The company continues to engage in sustainability practices, although further details on specific climate commitments or reduction strategies are not available.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

Add to project
2014201520162017201820192020202120222023
Scope 1
2,814,000
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 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
8,968,000
0,000,000
0,000,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sun Life's primary industry is , 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. Sun Life is headquartered in CA, 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.

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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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