Responsible Investment runs throughout, and is a cornerstone of our Sustainability approach. As an enterprise, we believe that responsible investing is not only good for the environment and society, but also key to our long-term financial strength and our mission to help our clients and their families attain peace of mind and financial security. Building on our Responsible Investment Policy, Pacific Life is a signatory of the United Nations-supported Principles for Responsible Investment (UN PRI), underscoring our commitment to responsible investment and sustainable business practices.
We continually evolve our investment processes and incorporate factors to better align our decision-making with our duty to invest responsibly.
We are conscious of the impact we have in our communities, and what we leave for future generations. We actively measure our environmental footprint and calculate our Scope 1 and 2 emissions using recognised methodologies. This is measured and tracked at enterprise level by Pacific Life. You can read more about our enterprise approach to tracking our greenhouse gas emissions here.
As part of our efforts to minimise our environmental impact, we consider operational efficiencies and sustainable factors in our office spaces when choosing our real estate, putting environmental credentials and building managers, who undertake and promote sustainability initiatives, as one of the drivers of decision making.
Sydney
Our office in Sydney is located in the award-winning Quay Quarter Tower which, in a world-first, was created by upcycling the original building at the site. Over 12,000 tonnes of embodied carbon was saved from this innovative approach. The building has also achieved a 6 Star Greenstar Office Design rating, the highest available.
Singapore
Our office in Singapore adopts a number of energy saving and waste handling initiatives and is rated BCA Green Mark Platinum.
London
Tower Bridge House, the location of our London operation won the International Silver Green Apple Environment Award in November 2023 for its approach to waste management.
Toronto
In the latter half of 2024, our Toronto office will move into the sustainably designed Scotia Plaza in Toronto, a Zero Carbon and certified LEED Platinum building in downtown Toronto.
The collective initiatives of our office buildings help drive a reduction in our emissions and waste. We are also proud to support a hybrid working environment for our employees, reducing our office footprint and having employees spend fewer days commuting to and from our offices.
We actively support cycle to work and electric car schemes for our employees where this is available.
Quay Quarter Tower - Sydney
Our office in Singapore
Our London office
Toronto office from Q4 2024
Pacific Life’s more than three-decades-long commitment to protecting the environment and the health of our oceans aims to strengthen the vast ecosystems that enable strong and stable communities. Our global philanthropic investments in ocean health total US$17.9 million to date. Our annual environmental cleanups and events mobilise our employees to volunteer across the globe. Here are some of the charities we’re involved with who are making such a difference in helping to maintain and improve our rivers, canals, and oceans.
We have a four-year partnership with the World Wildlife Fund supporting the Blue Forest Programme which safeguards coastal ecosystems through advocating for and piloting restoration, conservation, and sustainable management approaches.
Read more about this partnership here.
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.
Read our policy here
