- Potential for increased frequency and severity of weather-related events impacting operations and underwriting portfolio.
- Transition risks related to the low-carbon economy impacting investments.
Pacific Life Insurance Company
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Pacific Life Insurance Company disclosed greenhouse gas emissions of 3.8K MTCO2e (2022). By scope: Scope 1: 782.8 MTCO2e (2023); Scope 2: 3.0K MTCO2e (2022). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
3.8K MTCO2e (2022)
2024
📊 Emissions by Scope (2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 782.8 MTCO2e (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.0K MTCO2e (2022) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2024 | 3.8K MTCO2e (2022) |
| 2023 | 6.9K MTCO2e (Scope 1 & 2 combined in 2022) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 and Scope 2 GHG emissions by 60% from 2019 baseline. 2023 Scope 1 emissions were 782.8 MTCO2e (11% decrease from prior year), and 2022 Scope 2 emissions were 3045.7 MTCO2e (50% decrease from prior year).
🌱 ESG Focus Areas
Climate ChangeGovernanceResponsible Investment