Transamerica Life (Bermuda) Ltd. Sustainability Profile
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.
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
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.
Let us know if this data was useful to you
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
| 2019 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 4,539,000 | - | 0,000,000 | 0,000,000 | - |
| Scope 2 | 26,347,000 | 000,000 | 00,000,000 | 000,000 | 0,000,000 |
| Scope 3 | - | - | 0,000,000 | - | 000,000,000 |
How Carbon Intensive is Transamerica Life (Bermuda) Ltd.'s Industry?
How Carbon Intensive is Transamerica Life (Bermuda) Ltd.'s Location?
Transamerica Life (Bermuda) Ltd.'s Scope 3 Categories Breakdown
Transamerica Life (Bermuda) Ltd.'s Scope 3 emissions, which increased significantly last year and increased significantly since 2022, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 31% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Transamerica Life (Bermuda) Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Transamerica Life (Bermuda) Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Axa
Singapore Life Limited
The Great Eastern Life Assurance Company Limited
The Manufacturers Life Insurance Company
FWD Group Management Holdings Limited
Let us know if this data was useful to you
Usage Policy
You're welcome to quote or reference data from this page, but please include a visible link back to this URL.
Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.