Environmental Stewardship

We are making strides to do our part to ensure the environment remains vibrant for generations to come by prioritizing energy and waste efficiencies, decreasing our environmental footprint, and making our business more resilient and sustainable.

 

ENVIRONMENTAL INITIATIVES

Ocean Health and Environment Conservation

In 2017, the Pacific Life Foundation committed $2.5 million in grant funding over five years to support ocean health and marine mammals. This support was renewed again in 2022 for an additional $2.5 million over the next five years. In 2023, Pacific Life Re pledged £450,000 over four years to WWF-UK to support the Blue Forest Program, which is focused on safeguarding coastal ecosystems. To date, $17.9 million has been invested in the preservation and conservation of marine mammals and the health of our oceans.

Focused funding is helping to support programs at The Nature Conservancy, Ocean Conservancy, Oceana, and World Wildlife Fund, along with additional funding of ocean-related charitable organizations at the local, regional, and international level.

2023 IMPACT HIGHLIGHTS

The Nature Conservancy

More than 700 lost crab traps were recovered from major crab ports from Monterey to the Oregon border in the past two years | AI pilot to enable satellite detection for whale conservation

Oceana

More than 600 square miles of marine habitat off the California and Oregon coasts are being protected from all forms of fishing gear known to harm sensitive seafloor habitats, including deep-sea coral gardens and rocky reefs.

Ocean Conservancy

Partnered with Trash Free Seas® Program focused on ocean and waterway cleanups | More than 435 pounds of trash has been cleared from waterways by Pacific Life Volunteers, mostly consisting of lightweight debris and microplastics

World Wildlife Fund

Distributed bycatch guidelines and hosted workshops in partnership with Malaysia’s Department of Fisheries, reaching thousands of local fishermen in every state. | Completed the development of voluntary wildlife safety recommendations for vessels that will reduce risks to wildlife in the Bering Strait region, beginning trials with several shipping companies

Environmental Impact

We are conscious of our environmental footprint, the impact we have in our communities, and what we leave for future generations.

Emissions

To better understand our environmental footprint we have begun calculating our Scope 1 and 2 emissions using methodologies drawn from the Greenhouse Gas Protocol developed by the World Resources Institute and World Business Council for Sustainable Development (GHG Protocol). Using 2019 as a baseline, we will continue to monitor and track our progress year over year.

Green Initiatives

Energy

LED lighting and window replacement led to a
decrease in electricity and gas usage.

Waste

Through Pacific Life’s recycling efforts, the company has been able to divert thousands of pounds of trash from landfills. Our usage of biodegradable materials in our offices and proper sorting of waste help to reduce pollution in our waterways, wildlife endangerment, and environmental degradation.

Global Footprint

Pacific Life’s hybrid-work environment provides employees flexibility with how and where they work, reducing our office footprint and having employees spend fewer days commuting to and from our offices.

Orange County Headquarters Renovations

Our Newport Beach headquarters office recently underwent extensive renovations, in which sustainable building materials, energy efficient components, and native plant landscaping were installed.

Explore more about Pacific Life's CSR efforts

 

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