Globe Life, a leading insurance company, is committed and is actively working towards reducing its carbon emissions. In terms of carbon emissions, Globe Life reported its emissions for the 2022 reporting year. The company's scope 1 emissions were 1,237 metric tons of CO2e, while scope 2 emissions (both location-based and market-based) were 6,427 and 7,249 metric tons of CO2e, respectively. The company also disclosed estimations for certain scope 3 emissions, including categories such as purchased goods and services, upstream transportation and distribution, business travel, and employee commuting. The total scope 3 emissions were 44,680 metric tons of CO2e.

Globe Life has taken steps to reduce its emissions and mitigate climate risks. The company has implemented responsible investment strategies that consider environmental, social, and governance factors in investment decisions. It has also established policies that promote responsible business practices, including supplier management, a code of conduct, and anti-bribery and anti-corruption policies. Globe Life is actively working to gather information and calculate its scope 3 emissions, and it measures electricity consumption, water usage, and waste to monitor its environmental impact.

While the company has not observed significant impacts on its pricing assumptions or expected mortality experience due to climate change, it acknowledges the potential risks and is interested in understanding how climate change may contribute to increased mortality and morbidity rates. Globe Life incorporates the emergence and potential impacts of climate change in its risk assessments and considers climate-related scenarios in its evaluation of credit risk and regulatory compliance.

In conclusion, Globe Life is committed to reducing its carbon emissions and addressing climate change. It has implemented responsible investment strategies, established policies promoting responsible business practices, and is actively monitoring its environmental impact. Globe Life recognizes the potential risks of climate change and incorporates them into its risk assessments and evaluations.

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