Environmental Policy

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- Annuities Pacific Life offers a variety of annuities designed to help grow, protect, and manage retirement savings turning it into steady, reliable lifetime income based on your personal preferences and goals.
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- About Us Whether you’re protecting your loved ones or growing your assets, you’re highly invested in your financial future. And so are we. When you purchase life and retirement insurance, you’re buying a promise. A promise that today, tomorrow or ten years from now, we’ll be there. For nearly 160 years, we’ve fulfilled that promise. Our clients trust Pacific Life to protect what matters most to them—their families, their businesses, their futures.

Environmental Policy

Pacific Life has been committed to creating a meaningful future for our stakeholders for nearly 160 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. We seek to identify, measure, and manage material risks and opportunities to Pacific Life and the impacts of our operations on the environment.

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
Measure and report annually on our carbon footprint
Reduce our environmental impact by reducing our carbon footprint, using energy efficiently, and minimizing our waste and water consumption
Continuously improve our environmental performance and progressively integrate recognized environmental best practices
Implement operational practices that support building performance and seek out green leasing options where appropriate
Engage our employees to pursue environmentally responsible behaviors in our offices and in our communities
Assess and monitor business practices of our third-party suppliers to encourage environmental responsibility
Adhere to the United Nations-supported Principles for Responsible Investment (UN PRI) through responsible investment and sustainable business practices

Environmental Focus Efforts

Monitor environmental impacts and ensure the enterprise’s resilience
Track physical and transition risks and the associated impacts across our portfolio
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 energy consumption and associated emissions
Monitor and report on our performance annually in our CSR report and climate risk reporting in line with the TCFD framework, including our Scope 1 and 2 greenhouse gas emissions
Encourage and provide tools and solutions for our employees to engage in sustainable practices in the workplace and supporting environmental efforts in the community
Provide philanthropic support to conservation and 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: November 2024