Cathay Life Insurance Co.,Ltd.
Cathay Life Insurance Co., Ltd., a prominent player in the insurance industry, is headquartered in Taipei, Taiwan (TW). Established in 1962, the company has grown to become one of the largest life insurers in the region, offering a diverse range of financial products and services. Its core offerings include life insurance, health insurance, and investment-linked policies, distinguished by their customer-centric approach and innovative solutions. With a strong market presence in Taiwan and expanding operations across Asia, Cathay Life has achieved significant milestones, including numerous awards for service excellence and financial stability. The company is recognised for its commitment to sustainability and social responsibility, further solidifying its position as a trusted provider in the life insurance sector.
DitchCarbon Score
How does Cathay 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
Cathay Life Insurance Co.,Ltd.'s score of 23 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cathay Life Insurance Co.,Ltd.'s reported carbon emissions
Cathay Life Insurance Co., Ltd., headquartered in Taiwan (TW), reported its carbon emissions for the years 2016 to 2018. In 2016, the company emitted approximately 20,046,610 kg CO2e from Scope 1, 34,440,880 kg CO2e from Scope 2, and 407,920 kg CO2e from Scope 3 emissions. The following year, 2017, saw a slight increase in Scope 1 emissions to about 2,096,340 kg CO2e, while Scope 2 emissions decreased to approximately 34,221,620 kg CO2e, and Scope 3 emissions dropped to 210,040 kg CO2e. In 2018, emissions from Scope 1 rose again to about 2,174,890 kg CO2e, with Scope 2 emissions further declining to approximately 33,009,860 kg CO2e, and Scope 3 emissions significantly increasing to 1,091,180 kg CO2e. Despite these figures, Cathay Life Insurance has not publicly disclosed specific reduction targets or initiatives related to its carbon emissions. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the insurance sector, particularly as global awareness of climate change intensifies.
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Get Started| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Scope 1 | 2,004,610 | 0,000,000 | 0,000,000 |
| Scope 2 | 34,440,880 | 00,000,000 | 00,000,000 |
| Scope 3 | 407,920 | 000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Cathay Life Insurance Co.,Ltd. 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.
