Environmental Policy

Pacific Life has been committed to creating a meaningful future for our stakeholders for more than 150 years. We are working to protect oceans, reduce our environmental footprint, and identify investment opportunities that create a positive impact for the planet. We are making strides to do our part to ensure the environment remains vibrant for generations to come.

Our Commitment is to:

  • Identify and manage the environmental impacts in our business operations and facilities, and maintain Pacific Life’s resilience to environmental risks and impacts
  • Comply with all relevant environment legislation and regulations in the jurisdictions in which we operate
  • Reduce our environmental impact by reducing our carbon footprint, using energy efficiently, and minimizing our waste
  • Engage our employees to pursue environmentally responsible behaviors
  • Measure and report annually on the carbon footprint of the facilities we occupy
  • Continuously improve our environmental performance and progressively integrate recognized environmental best practices
  • Assess and monitor business practices of our third-party suppliers to encourage environmental responsibility
     

Environmental Focus Efforts

  • Monitor external environmental impacts and ensure the enterprise’s resilience to the potential risks
  • Focused investment effort to invest in projects and companies that advance a clean energy transition
  • Understand our use of energy in our facility operations, and invest in energy efficient systems and processes that reduce carbon and energy usage
  • Monitor and report on our performance annually in line with the TCFD framework, starting with our Scope 1 and 2 greenhouse gas emissions for 2022
  • Encourage and provide tools and solutions for our employees to practice environmentally-friendly behaviors in the workplace
  • Provide philanthropic support to conservation & environmental charities focused on ocean health

 

To learn more about Pacific Life’s Responsible Investment Policy, click here.

The Board of Directors oversees Pacific Life’s Corporate Social Responsibility program, including its environmental commitments and initiatives.

 

Last Reviewed: October 18, 2022

This website or its third-party tools use cookies, which are necessary to its functioning and are required to achieve the purposes illustrated in our online privacy policy.