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Public Profile
Insurance Services
TW
updated 2 months ago

Allianz Taiwan Life Insurance Company Ltd. Sustainability Profile

Company website

Allianz Taiwan Life Insurance Company Ltd., a prominent player in the insurance sector, is headquartered in Taipei, Taiwan. Established in 2001, the company has rapidly evolved, offering a comprehensive range of life insurance products and services tailored to meet the diverse needs of its clients. With a strong focus on innovation, Allianz Taiwan stands out for its customer-centric approach and robust financial solutions. The company operates primarily in Taiwan, providing life insurance, health insurance, and investment-linked products. Notable for its commitment to sustainability and digital transformation, Allianz Taiwan has achieved significant milestones, including recognition for its exceptional customer service and financial stability. As part of the global Allianz Group, it leverages international expertise to maintain a competitive edge in the local market.

DitchCarbon Score

How does Allianz Taiwan Life Insurance Company Ltd.'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.

74

Industry Average

Mean score of companies in the Insurance Services 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.

31

Industry Benchmark

Allianz Taiwan Life Insurance Company Ltd.'s score of 74 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

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Allianz Taiwan Life Insurance Company Ltd.'s reported carbon emissions

Inherited from Allianz SE

Allianz Taiwan Life Insurance Company Ltd., headquartered in Taiwan (TW), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Allianz SE, which means its climate commitments and initiatives are influenced by its parent organisation. Allianz SE has established various climate initiatives, including Science Based Targets Initiative (SBTi) commitments, CDP reporting, and participation in the RE100 initiative, which aims for 100% renewable energy usage. However, specific reduction targets or achievements for Allianz Taiwan Life Insurance Company Ltd. have not been detailed. As a subsidiary, Allianz Taiwan Life Insurance Company Ltd. aligns with the broader sustainability goals set by Allianz SE, focusing on reducing carbon footprints and enhancing climate resilience. The absence of direct emissions data suggests that the company may still be in the process of developing its own specific climate strategies or reporting frameworks.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20172018201920202021202220232024
Scope 1
51,838,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
167,888,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
0,000,000
0,000,000
Scope 3
159,719,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000,000

How Carbon Intensive is Allianz Taiwan Life Insurance Company Ltd.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Allianz Taiwan Life Insurance Company Ltd.'s primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Allianz Taiwan Life Insurance Company Ltd.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Allianz Taiwan Life Insurance Company Ltd. is in TW, which we do not have grid emissions data for.

Allianz Taiwan Life Insurance Company Ltd.'s Scope 3 Categories Breakdown

Allianz Taiwan Life Insurance Company Ltd.'s Scope 3 emissions, which increased by 6% last year and decreased by approximately 36% since 2017, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 71% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 54% of Scope 3 emissions.

Top Scope 3 Categories

2024
Business Travel
54%
Fuel and Energy Related Activities
30%
Purchased Goods and Services
9%
Employee Commuting
7%

Allianz Taiwan Life Insurance Company Ltd.'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.

Allianz Taiwan Life Insurance Company Ltd. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Allianz Taiwan Life Insurance Company Ltd.'s Emissions with Industry Peers

Farglory Life Insurance Co., Ltd.

TW
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 14 days ago

Chunghwa Post Co., Ltd.

TW
•
Services auxiliary to financial intermediation (67)
Updated 3 days ago

Cardif Assurance Vie (Taiwan Branch)

TW
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 18 days ago

Fubon Life Insurance Co., Ltd.

TW
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 3 days ago

Nan Shan Life

TW
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 16 days ago

KGI Life Insurance

TW
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 3 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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