Ceylinco Holdings PLC
Ceylinco Holdings PLC, a prominent player in the Sri Lankan financial services sector, is headquartered in Colombo, LK. Established in 1939, the company has evolved into a diversified conglomerate, primarily operating in insurance, finance, and real estate. With a rich history marked by significant milestones, Ceylinco Holdings has built a reputation for innovation and customer-centric solutions. The company offers a range of core products and services, including life and general insurance, leasing, and property development, distinguished by their commitment to quality and reliability. Ceylinco Holdings has consistently maintained a strong market position, recognised for its financial strength and extensive network. As a leader in the industry, the company continues to set benchmarks in service excellence and corporate responsibility.
DitchCarbon Score
How does Ceylinco Holdings PLC'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
Ceylinco Holdings PLC's score of 67 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ceylinco Holdings PLC's reported carbon emissions
In 2024, Ceylinco Holdings PLC reported total carbon emissions of approximately 2,863,140 kg CO2e, marking a significant reduction of about 7.3% from 3,088,630 kg CO2e in 2023. The breakdown of emissions includes 247,740 kg CO2e from Scope 1 (direct emissions), 616,220 kg CO2e from Scope 2 (indirect emissions from purchased electricity), and 1,999,180 kg CO2e from Scope 3 (other indirect emissions). Ceylinco Holdings has set ambitious climate commitments, aiming for an annual reduction of between 5% to 10% in both Scope 1 and Scope 2 emissions from 2023 to 2030. Notably, the company achieved a remarkable 22.6% reduction in Scope 1 emissions from 320,270 kg CO2e in 2023 to 247,740 kg CO2e in 2024, and a 2.8% reduction in Scope 2 emissions from 634,140 kg CO2e to 616,220 kg CO2e during the same period. The organisation is working towards reaching carbon-neutral status, with a target to reduce its Scope 1 and 2 emissions to near zero by 2025. Overall, Ceylinco Holdings PLC demonstrates a proactive approach to sustainability and climate action, reflecting its commitment to reducing its environmental impact.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 591,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 952,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 2,457,000 | 0,000,000 | 0,000,000 | 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.
Ceylinco Holdings PLC 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.
