Sun Life Assurance Company of Canada
Sun Life Assurance Company of Canada, commonly known as Sun Life, is a leading financial services organisation headquartered in Toronto, Ontario, Canada. Established in 1865, Sun Life has evolved into a prominent player in the insurance and investment sectors, serving clients across Canada and in key international markets. The company offers a diverse range of products, including life insurance, health insurance, and wealth management solutions, distinguished by their customer-centric approach and innovative offerings. Sun Life's commitment to financial wellness and sustainability has positioned it as a trusted partner for individuals and businesses alike. With a strong market presence and a history of notable achievements, Sun Life continues to be recognised for its excellence in service and financial strength, making it a preferred choice for those seeking comprehensive financial protection and investment strategies.
DitchCarbon Score
How does Sun Life Assurance Company of Canada'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
Sun Life Assurance Company of Canada's score of 27 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sun Life Assurance Company of Canada's reported carbon emissions
In 2018, Sun Life Assurance Company of Canada reported carbon emissions of approximately 9,950,000 kg CO2e, all of which fall under Scope 2 emissions. This represents a slight increase from 2017, when emissions were about 9,588,000 kg CO2e, and from 2016, which recorded approximately 9,735,000 kg CO2e. The company has not disclosed any Scope 1 or Scope 3 emissions data. Despite the lack of specific reduction targets or initiatives, Sun Life is committed to addressing climate change and reducing its carbon footprint. The company has not outlined any formal climate pledges or science-based targets for emissions reduction. However, it continues to monitor and report its emissions, indicating a level of transparency and awareness regarding its environmental impact. Overall, while Sun Life's emissions have shown a trend of slight increases over the past few years, the absence of defined reduction strategies highlights an area for potential growth in their sustainability efforts.
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| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 9,735,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
Sun Life Assurance Company of Canada 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.
