Symetra Financial Corporation
Symetra Financial Corporation, commonly referred to as Symetra, is a prominent player in the financial services industry, headquartered in the United States. Founded in 1957, the company has established itself as a leader in providing innovative insurance and financial products, including life insurance, annuities, and employee benefits. With a strong presence across various regions in the US, Symetra is recognised for its commitment to customer service and financial strength. The company’s unique offerings, such as its flexible annuity products and comprehensive group benefits, cater to a diverse clientele, setting it apart in a competitive market. Notable achievements include consistent ratings from major credit agencies, reflecting its robust financial position. As Symetra continues to evolve, it remains dedicated to helping individuals and businesses secure their financial futures.
DitchCarbon Score
How does Symetra Financial Corporation'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
Symetra Financial Corporation's score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Symetra Financial Corporation, headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Sumitomo Life Insurance Company, which may influence its climate-related initiatives and reporting. While Symetra has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi), it is important to note that its climate strategy may be informed by the broader sustainability efforts of its parent company. The emissions data and performance metrics are cascaded from Sumitomo Life Insurance Company, which operates at a higher corporate level. As of now, Symetra's climate commitments and reduction initiatives remain unspecified, reflecting a potential area for future development in their environmental strategy. The company is positioned within an industry increasingly focused on sustainability, and it may benefit from aligning its practices with established climate frameworks and targets.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 5,198,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 44,916,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Symetra Financial Corporation 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.
