Sun Life
Sun Life Financial Inc., commonly known as Sun Life, is a leading financial services organisation headquartered in Toronto, Canada. Established in 1865, the company has evolved into a prominent player in the insurance and asset management sectors, serving clients across Canada, the United States, and various international markets. Sun Life offers a diverse range of products, including life insurance, health insurance, and investment solutions, distinguished by their commitment to customer-centric service and innovative financial planning. With a strong market position, Sun Life has received numerous accolades for its financial strength and sustainability initiatives, reinforcing its reputation as a trusted partner in securing financial futures.
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 20 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sun Life's reported carbon emissions
In 2023, Sun Life, headquartered in Canada, reported no specific carbon emissions data, including Scope 1, 2, or 3 emissions. The company has not disclosed any absolute emissions figures, indicating a lack of detailed reporting on their carbon footprint for the year. While there are no specific reduction targets or achievements mentioned, Sun Life is involved in sustainability initiatives, including projects related to hydropower and bioenergy. For instance, the life cycle emissions intensity of new hydropower projects is approximately 0.05 kg CO2e per kWh, and the direct emissions intensity of bioenergy projects using waste feedstock is about 0.1 kg CO2e per kWh. Despite the absence of concrete emissions data and reduction commitments, Sun Life's engagement in renewable energy projects reflects a broader commitment to sustainability and climate action within the financial services industry.
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 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.
