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Insurance Services
CN
updated 6 months ago

BOCOM MSIG Life Insurance Company Limited

Company website

BOCOM MSIG Life Insurance Company Limited, commonly referred to as BOCOM Life, is a prominent player in the life insurance sector, headquartered in China. Established in 2002, the company has rapidly expanded its operations across major regions, including Hong Kong and Macau, solidifying its presence in the Asia-Pacific market. Specialising in a range of life insurance products, BOCOM Life offers unique solutions tailored to meet the diverse needs of its clients. Their core offerings include individual life insurance, health insurance, and investment-linked plans, distinguished by their customer-centric approach and innovative features. With a commitment to excellence, BOCOM Life has achieved significant milestones, positioning itself as a trusted provider in the industry. The company’s dedication to quality service and robust financial stability has earned it a reputable standing among competitors, making it a preferred choice for individuals seeking reliable life insurance solutions.

DitchCarbon Score

How does BOCOM MSIG Life Insurance Company Limited'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.

38

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.

29

Industry Benchmark

BOCOM MSIG Life Insurance Company Limited's score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

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BOCOM MSIG Life Insurance Company Limited's reported carbon emissions

Inherited from Bank of Communications Co., Ltd.

BOCOM MSIG Life Insurance Company Limited, headquartered in China (CN), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Bank of Communications Co., Ltd., which may influence its climate commitments and reporting practices. As of now, BOCOM MSIG Life has not established any documented reduction targets or climate pledges. The lack of specific initiatives or targets suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the absence of direct emissions data, it is essential to consider the broader context of the parent company, Bank of Communications Co., Ltd., which may have its own climate initiatives and emissions reporting. However, specific details regarding these initiatives or their impact on BOCOM MSIG Life's commitments are not available. In summary, BOCOM MSIG Life Insurance Company Limited currently lacks specific emissions data and reduction targets, reflecting a potential area for future development in their climate strategy.

Unlock detailed emissions data

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

20222023
Scope 1
975,980
000,000
Scope 2
9,836,120
0,000,000
Scope 3
507,350
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. BOCOM MSIG Life Insurance Company Limited'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.

Location emissions intensity

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 BOCOM MSIG Life Insurance Company Limited is in CN, which we do not have grid emissions data for.

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.

BOCOM MSIG Life Insurance Company Limited 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.

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

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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