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Insurance Services
BM
updated 7 months ago

Transamerica Life (Bermuda) Ltd.

Company website

Transamerica Life (Bermuda) Ltd., often referred to as Transamerica Bermuda, is a prominent player in the insurance and financial services industry, headquartered in Bermuda (BM). Established in 1999, the company has made significant strides in providing innovative life insurance and reinsurance solutions across major operational regions, including North America and the Caribbean. Transamerica Bermuda is renowned for its core offerings, which include life insurance products and annuities tailored to meet diverse client needs. The company distinguishes itself through its commitment to financial strength and customer-centric service. With a solid market position, Transamerica Life (Bermuda) Ltd. has achieved notable milestones, reinforcing its reputation as a trusted provider in the competitive landscape of insurance and financial services.

DitchCarbon Score

How does Transamerica Life (Bermuda) Ltd.'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.

46

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.

32

Industry Benchmark

Transamerica Life (Bermuda) Ltd.'s score of 46 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

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Transamerica Life (Bermuda) Ltd.'s reported carbon emissions

Inherited from Aegon Ltd.

Transamerica Life (Bermuda) Ltd. currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Aegon Ltd., which cascades its climate commitments and performance metrics down to Transamerica Life (Bermuda) Ltd. at a cascade level of 5. While there are no documented reduction targets or specific climate pledges from Transamerica Life (Bermuda) Ltd., it is important to note that the overarching climate initiatives and strategies are influenced by its parent company, Aegon Ltd. This relationship suggests that any climate commitments or targets set by Aegon may indirectly apply to Transamerica Life (Bermuda) Ltd. In the context of the industry, many companies are increasingly focusing on reducing their carbon footprints and committing to science-based targets. However, without specific data or commitments from Transamerica Life (Bermuda) Ltd., it remains unclear how they align with these broader industry trends.

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 Life (Bermuda) Ltd.'s primary industry is Insurance and pension funding services, except compulsory social security services (66), 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 Life (Bermuda) Ltd. is in BM, which we do not have grid emissions data for.

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 Life (Bermuda) Ltd. 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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