Transamerica Premier Life Insurance Company Sustainability Profile
Transamerica Premier Life Insurance Company, a prominent player in the life insurance sector, is headquartered in the United States. Founded in 1904, the company has established a strong presence across various operational regions, offering a diverse range of financial products and services. Specialising in life insurance, annuities, and retirement solutions, Transamerica is recognised for its commitment to helping individuals secure their financial futures. The company’s unique offerings, such as flexible policy options and innovative retirement planning tools, set it apart in a competitive market. With a legacy of over a century, Transamerica has achieved significant milestones, including a robust market position and a reputation for reliability. As a trusted name in the insurance industry, Transamerica Premier Life Insurance Company continues to empower clients with the resources they need for long-term financial success.
DitchCarbon Score
How does Transamerica Premier Life Insurance Company'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 Premier Life Insurance Company's score of 52 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Transamerica Premier Life Insurance Company, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is part of a corporate family that includes Aegon Ltd., from which it inherits climate-related initiatives and commitments. While there are no documented reduction targets or specific climate pledges from Transamerica Premier Life Insurance Company, it is important to note that its parent company, Aegon Ltd., may have established sustainability goals and initiatives that could influence Transamerica's climate strategy. The emissions data and performance metrics are cascaded from Aegon Ltd. at a level 5 relationship, indicating a significant corporate integration. In the broader context of the insurance industry, companies are increasingly recognising the importance of addressing climate change and are expected to adopt science-based targets and transparent reporting practices. As such, Transamerica Premier Life Insurance Company may align its future climate commitments with industry standards and practices, although specific details remain unspecified at this time.
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| 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 | - |
| Scope 3 | - | - | 0,000,000 | - | 000,000,000 |
How Carbon Intensive is Transamerica Premier Life Insurance Company's Industry?
How Carbon Intensive is Transamerica Premier Life Insurance Company's Location?
Transamerica Premier Life Insurance Company's Scope 3 Categories Breakdown
Transamerica Premier Life Insurance Company'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.
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Transamerica Premier Life Insurance Company'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 Premier Life Insurance Company 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.
