Union Fidelity Life Insurance Company Sustainability Profile
Union Fidelity Life Insurance Company, often referred to as UFLIC, is a prominent player in the insurance industry, headquartered in the United States. Established in the early 20th century, the company has built a strong reputation for providing a range of life insurance products and services tailored to meet diverse customer needs. With a focus on individual and group life insurance, UFLIC distinguishes itself through innovative policy options and exceptional customer service. The company has achieved significant milestones over the years, solidifying its market position as a trusted provider in the sector. Known for its commitment to financial stability and customer satisfaction, Union Fidelity Life Insurance Company continues to serve clients across various regions, ensuring peace of mind through reliable insurance solutions.
DitchCarbon Score
How does Union Fidelity 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
Union Fidelity Life Insurance Company's score of 88 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Union Fidelity Life Insurance Company, headquartered in the US, currently does not have specific carbon emissions data available for recent years. As a current subsidiary of General Electric Company, any climate commitments or emissions data would be inherited from this parent organisation. General Electric has established various climate initiatives, including Science Based Targets Initiative (SBTi) commitments, which aim to significantly reduce greenhouse gas emissions across its operations. However, specific reduction targets or achievements for Union Fidelity Life Insurance Company are not detailed in the available information. The company is aligned with broader industry efforts to address climate change, but without specific emissions data or reduction targets, it is challenging to quantify its individual impact or commitments. As part of the corporate family, Union Fidelity Life Insurance Company is expected to adhere to the sustainability practices and climate strategies set forth by General Electric.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 428,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 523,490,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 51,730,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Union Fidelity Life Insurance Company's Industry?
How Carbon Intensive is Union Fidelity Life Insurance Company's Location?
Union Fidelity Life Insurance Company's Scope 3 Categories Breakdown
Union Fidelity Life Insurance Company's Scope 3 emissions, which decreased by 9% last year and decreased by approximately 46% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Union Fidelity 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.
Union Fidelity Life Insurance Company has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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