BOB-Cardif Life Insurance Co., Ltd. Sustainability Profile
BOB-Cardif Life Insurance Co., Ltd., headquartered in China (CN), is a prominent player in the life insurance industry, specialising in innovative insurance solutions tailored to meet diverse customer needs. Founded in the early 2000s, the company has achieved significant milestones, establishing a strong presence in major operational regions across Asia. With a focus on life insurance products, BOB-Cardif distinguishes itself through its customer-centric approach and comprehensive coverage options. The company offers a range of services, including term life, whole life, and investment-linked policies, designed to provide financial security and peace of mind. Recognised for its commitment to excellence, BOB-Cardif has garnered a solid market position, earning accolades for its reliable service and innovative offerings in the competitive insurance landscape.
DitchCarbon Score
How does BOB-Cardif Life Insurance Co., 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.
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.
Industry Benchmark
BOB-Cardif Life Insurance Co., Ltd.'s score of 35 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BOB-Cardif Life Insurance Co., Ltd., headquartered in China (CN), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of BNP Paribas SA, which means that any climate commitments or emissions data may be inherited from its parent organisation. As part of its climate strategy, BOB-Cardif Life Insurance Co., Ltd. aligns with the sustainability initiatives set forth by BNP Paribas SA. This includes participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are aimed at reducing greenhouse gas emissions and enhancing transparency in climate-related performance. However, specific reduction targets or achievements for BOB-Cardif Life Insurance Co., Ltd. have not been disclosed. In summary, while BOB-Cardif Life Insurance Co., Ltd. does not provide specific emissions data or reduction targets, it is positioned within a corporate family that is actively engaged in climate commitments through BNP Paribas SA.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 62,148,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 183,092,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
How Carbon Intensive is BOB-Cardif Life Insurance Co., Ltd.'s Industry?
How Carbon Intensive is BOB-Cardif Life Insurance Co., Ltd.'s Location?
BOB-Cardif Life Insurance Co., Ltd.'s Scope 3 Categories Breakdown
BOB-Cardif Life Insurance Co., Ltd.'s Scope 3 emissions, which increased significantly last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 41% of Scope 3 emissions.
Top Scope 3 Categories
BOB-Cardif Life Insurance Co., 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.
BOB-Cardif Life Insurance Co., 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.
