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Financial Intermediation
US
updated 6 months ago

Transamerica

Company website

Transamerica Corporation, commonly known as Transamerica, is a prominent financial services company headquartered in the United States. Founded in 1904, Transamerica has established itself as a key player in the insurance and investment sectors, offering a diverse range of products and services designed to help individuals and businesses achieve their financial goals. With a strong presence across major operational regions in the US, Transamerica provides life insurance, retirement solutions, and investment management services. The company is recognised for its innovative approach to financial planning, emphasising customer-centric solutions that cater to various needs. Notable achievements include a robust market position, bolstered by a commitment to sustainability and community engagement. Transamerica continues to evolve, adapting to the changing landscape of the financial industry while maintaining its core values of integrity and service excellence.

DitchCarbon Score

How does Transamerica'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.

48

Industry Average

Mean score of companies in the Financial Intermediation 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.

28

Industry Benchmark

Transamerica's score of 48 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

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Transamerica's reported carbon emissions

Inherited from Aegon Ltd.

Transamerica, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Transamerica Corporation, which may influence its climate commitments and reporting practices. Transamerica's climate initiatives are informed by its parent company, Aegon Ltd., from which it inherits certain sustainability targets and performance metrics. However, no specific reduction targets or achievements have been documented for Transamerica itself. As part of its corporate family, Transamerica aligns with broader industry standards and commitments, although specific details regarding the Science Based Targets initiative (SBTi) or other climate pledges are not available. The lack of reported emissions data suggests that Transamerica may still be in the process of establishing its own comprehensive climate strategy. In summary, while Transamerica is part of a larger corporate structure that may have climate commitments, it currently lacks specific emissions data and reduction targets.

Unlock detailed emissions data

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

2019202220232024
Scope 1
4,539,000
0,000,000
0,000,000
-
Scope 2
26,347,000
00,000,000
000,000
-
Scope 3
-
0,000,000
-
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Transamerica's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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. This request for Transamerica is in US, which has a low grid carbon intensity relative to other regions.

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.

Transamerica 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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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

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