AIA Insurance Lanka Limited Sustainability Profile
AIA Insurance Lanka Limited, a prominent player in the insurance sector, is headquartered in Colombo, Sri Lanka. Established in 2001, the company has rapidly expanded its operations across the island, offering a diverse range of insurance solutions tailored to meet the needs of individuals and businesses alike. Specialising in life insurance, health insurance, and investment-linked products, AIA Insurance stands out for its customer-centric approach and innovative offerings. The company has achieved significant milestones, including recognition for its commitment to service excellence and financial stability. With a strong market position, AIA Insurance Lanka Limited continues to enhance its reputation as a trusted provider, dedicated to securing the financial futures of its clients while contributing to the growth of the insurance industry in Sri Lanka.
DitchCarbon Score
How does AIA Insurance Lanka Limited'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 Coal Tar Production 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
AIA Insurance Lanka Limited's score of 55 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AIA Insurance Lanka Limited, headquartered in LK, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, the company is part of a broader corporate family that includes AIA Group Limited, from which it inherits climate commitments and performance metrics. As a current subsidiary of AIA Group Limited, AIA Insurance Lanka Limited aligns with the sustainability initiatives and targets set by its parent company. AIA Group Limited has made significant strides in climate action, including commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP). These initiatives aim to reduce greenhouse gas emissions across various scopes, although specific reduction targets for AIA Insurance Lanka Limited have not been detailed. While AIA Insurance Lanka Limited does not have its own emissions data or reduction targets, it is positioned within a corporate framework that prioritises climate responsibility and aims to contribute to a sustainable future. The company's climate commitments are reflective of the broader goals established by AIA Group Limited, ensuring that it remains aligned with industry standards for environmental stewardship.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,926,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 49,329,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,475,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is AIA Insurance Lanka Limited's Industry?
How Carbon Intensive is AIA Insurance Lanka Limited's Location?
AIA Insurance Lanka Limited's Scope 3 Categories Breakdown
AIA Insurance Lanka Limited's Scope 3 emissions, which decreased by 17% last year and increased by approximately 137% since 2015, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 13% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
AIA Insurance Lanka Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
AIA Insurance Lanka Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
