Arabia Insurance Company, commonly referred to as Arabia Insurance, is a prominent player in the insurance industry, headquartered in Lebanon (LB). Established in 1996, the company has expanded its operations across the Middle East, providing a diverse range of insurance solutions tailored to meet the needs of individuals and businesses alike. Specialising in life, health, and general insurance, Arabia Insurance distinguishes itself through its customer-centric approach and innovative products. The company has achieved significant milestones, including a robust market presence and a reputation for reliability and excellence in service delivery. With a commitment to quality and a focus on risk management, Arabia Insurance continues to solidify its position as a trusted insurance provider in the region.
How does Arabia 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.
Mean score of companies in the 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.
Arabia Insurance's score of 14 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Arabia Insurance reported total carbon emissions of approximately 2,769,030,100 kg CO2e from Scope 1, 3, and 2 sources. This includes about 2,769,030,100 kg CO2e from Scope 1 emissions, approximately 3,553,410 kg CO2e from Scope 2, and about 191,980 kg CO2e from Scope 3. The company's emissions have increased from approximately 2,120,253,370 kg CO2e in 2022 and about 1,261,192,000 kg CO2e in 2021, indicating a significant rise in their carbon footprint over the past three years. Currently, Arabia Insurance has not established specific reduction targets or initiatives, nor have they committed to any climate pledges. This lack of defined climate commitments places them in a challenging position within the insurance industry, where many companies are increasingly adopting ambitious sustainability goals to mitigate climate change impacts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 1,261,192,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | - | - | 0,000,000 |
Scope 3 | - | - | 000,000 |
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.
Arabia Insurance 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.