Cathay Century Insurance Co., Ltd. Sustainability Profile
Cathay Century Insurance Co., Ltd., a prominent player in the insurance industry, is headquartered in Taiwan (TW) and operates extensively across the Asia-Pacific region. Established in 1962, the company has achieved significant milestones, positioning itself as a trusted provider of comprehensive insurance solutions. Specialising in property and casualty insurance, Cathay Century offers a diverse range of products, including motor, health, and travel insurance. What sets them apart is their commitment to customer-centric services and innovative risk management solutions tailored to meet the evolving needs of their clients. With a strong market presence, Cathay Century Insurance has garnered numerous accolades for its financial stability and service excellence, solidifying its reputation as a leading insurer in Taiwan and beyond.
DitchCarbon Score
How does Cathay Century 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
Cathay Century Insurance Co., Ltd.'s score of 44 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cathay Century Insurance Co., 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 Cathay Financial Holding Co., Ltd., which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from Cathay Century Insurance, it is important to note that any climate initiatives or targets would likely be aligned with those set by its parent company, Cathay Financial Holding Co., Ltd. This includes potential commitments to the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and other sustainability frameworks, although specific details on these initiatives are not provided. As a subsidiary, Cathay Century Insurance may benefit from the broader sustainability strategies and performance metrics established by Cathay Financial Holding Co., Ltd., which could include industry-standard practices for reducing carbon emissions and enhancing climate resilience. However, without specific emissions data or reduction targets, the company's individual climate impact remains unclear.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 883,910 | 0,000,000 | 0,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | - | - |
| Scope 2 | 11,942,010 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - |
| Scope 3 | - | - | - | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Cathay Century Insurance Co., Ltd.'s Industry?
How Carbon Intensive is Cathay Century Insurance Co., Ltd.'s Location?
Cathay Century Insurance Co., Ltd.'s Scope 3 Categories Breakdown
Cathay Century Insurance Co., Ltd.'s Scope 3 emissions, which increased by 0% last year and increased significantly since 2016, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 3% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 1% of Scope 3 emissions.
Top Scope 3 Categories
Cathay Century 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.
Cathay Century 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.
