New York Life Insurance

Sustainability Report and Carbon Intensity Rankings

Is New York Life Insurance doing their part?

Their DitchCarbon score is 43

New York Life Insurance has a DitchCarbon Score of 43 out of 100, indicating moderate performance in sustainability efforts. This score reflects the company’s current carbon intensity, suggesting there is significant room for improvement in reducing emissions. A higher score would denote stronger commitment and results in lowering carbon intensity and enhancing sustainability.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

New York Life Insurance operates in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

New York Life Insurance operates in the United States, where the carbon intensity is rated as low. This favorable rating suggests that the company’s sustainability efforts are supported by the country’s overall lower carbon emissions.
7.83%

...this company is doing 7.83% worse in emissions than the industry average.

Founded in 1845, New York Life Insurance Company is a leading entity in the US finance sector, headquartered in New York. As America’s largest mutual life insurance company, it offers a comprehensive range of services including insurance, investment, and retirement solutions. With a commitment to integrity and transparency, New York Life stands out for its strong financial ratings and dedication to client ownership and benefits.

emission intelligence's platform recommendations for New York Life Insurance

New York Life Insurance should set definitive and attainable goals for reducing emissions by transitioning to renewable energy sources for all purchased electricity, heat, steam, and cooling, which could potentially lower their emissions by 30%.

Bad news, New York Life Insurance hasn't set SBTi goals yet.

New York Life Insurance has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining clear, science-based emissions reduction targets to align with global climate action efforts.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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