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 53% 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 figure reflects the company's energy-related emissions from purchased electricity, steam, heating, and cooling. The previous year, 2017, saw a slightly lower total of about 9,588,000 kg CO2e, while in 2016, emissions were recorded at approximately 9,735,000 kg CO2e. Despite these figures, Sun Life Assurance Company of Canada has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. The emissions data is cascaded from its parent company, Sun Life Financial Inc., indicating a corporate family relationship that influences its sustainability reporting. Overall, while Sun Life Assurance Company of Canada has made strides in transparency regarding its emissions, it currently lacks defined climate commitments or reduction targets, which are critical for aligning with industry standards and addressing climate change effectively.
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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.
