Al Rajhi Company for Cooperative Insurance
Al Rajhi Company for Cooperative Insurance, commonly known as Al Rajhi Takaful, is a leading provider of cooperative insurance solutions based in Saudi Arabia. Established in 2007, the company has rapidly grown to become a prominent player in the insurance industry, with its headquarters located in Riyadh and operations extending across major regions in the Kingdom. Specialising in a range of products, including motor, health, and property insurance, Al Rajhi Takaful distinguishes itself through its commitment to Sharia-compliant practices and customer-centric services. The company has achieved significant milestones, including recognition for its innovative insurance solutions and strong financial performance, positioning it as a trusted choice for individuals and businesses alike in the competitive insurance market.
DitchCarbon Score
How does Al Rajhi Company for Cooperative Insurance'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
Al Rajhi Company for Cooperative Insurance's score of 18 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Al Rajhi Company for Cooperative Insurance's reported carbon emissions
Al Rajhi Company for Cooperative Insurance, headquartered in Saudi Arabia, has set ambitious climate commitments aimed at reducing its carbon footprint. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets for its Scope 1 and Scope 2 emissions. From 2019 to 2025, Al Rajhi Company aims to achieve a 25% reduction in net carbon emissions, translating to annual savings of over 100,000 tonnes CO2e. This commitment reflects the company's proactive approach to addressing climate change and aligns with industry standards for sustainability. Currently, there are no emissions data cascaded from a parent organization, indicating that Al Rajhi Company is independently managing its climate initiatives. The company's focus on reducing its carbon emissions demonstrates a commitment to environmental responsibility and positions it as a leader in the insurance sector's response to climate challenges.
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.
Al Rajhi Company for Cooperative Insurance is not participating in any of the initiatives that 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.
