AIICO
AIICO Insurance Plc, commonly referred to as AIICO, is a leading insurance and financial services provider headquartered in Nigeria (NG). Established in 1963, the company has grown to become a prominent player in the insurance industry, offering a diverse range of products and services, including life insurance, general insurance, and investment solutions. With a strong presence across major operational regions in Nigeria, AIICO is recognised for its commitment to customer satisfaction and innovative insurance solutions. The company has achieved significant milestones, including the introduction of unique products tailored to meet the evolving needs of its clients. AIICO's market position is bolstered by its reputation for reliability and financial strength, making it a trusted choice for individuals and businesses seeking comprehensive insurance coverage.
DitchCarbon Score
How does AIICO'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 Financial Intermediation 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
AIICO's score of 33 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
AIICO's reported carbon emissions
In 2023, AIICO reported total carbon emissions of approximately 2,998,000,000 kg CO2e, comprising 249,000,000 kg CO2e from Scope 1, 249,000,000 kg CO2e from Scope 2, and 1,500,000,000 kg CO2e from Scope 3 emissions. This represents a decrease in Scope 1 and Scope 2 emissions from 2022, where they were 273,000,000 kg CO2e each, and a notable increase in Scope 3 emissions, which rose from 1,200,000,000 kg CO2e. AIICO's commitment to reducing its carbon footprint is evident, although specific reduction targets or initiatives have not been disclosed. The company continues to monitor and report its emissions across all three scopes, aligning with industry standards for climate accountability. As AIICO operates globally, its emissions data reflects a significant impact, particularly in Scope 3, which includes emissions from purchased goods and services, accounting for 700,000,000 kg CO2e in 2023. Overall, AIICO's emissions data highlights the ongoing challenges and opportunities in addressing climate change within the insurance sector, particularly in Nigeria (NG).
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 275,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 275,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 1,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
AIICO is not committed to any reduction initiatives 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.
