Ceylinco Life Insurance Limited, a prominent player in the insurance and pension funding services sector, is headquartered in Sri Lanka (LK). Established in 1988, the company has consistently evolved, marking significant milestones in the industry. Ceylinco Life offers a diverse range of products, including life insurance, pension plans, and investment-linked policies, distinguished by their customer-centric approach and innovative solutions.
With a strong presence across Sri Lanka, Ceylinco Life has earned a reputation for reliability and excellence, making it one of the leading life insurance providers in the region. The company’s commitment to financial security and its robust service offerings have garnered numerous accolades, solidifying its market position and trust among policyholders.
+2 vs industry average
Ceylinco Life Insurance Limited’s score of 41 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Reported emissions
No reported emissions data is available for Ceylinco Life Insurance Limited yet.
Ceylinco Life Insurance Limited's reported carbon emissions
Ceylinco Life Insurance Limited, headquartered in LK and operating within the insurance and pension funding services sector, has demonstrated a commitment to reducing its environmental impact.
For the year 2024, Ceylinco Life Insurance achieved a significant 7.3% reduction in its total greenhouse gas (GHG) emissions. This resulted in a decrease from approximately 3,088.63 tonnes of CO2e in 2023 to approximately 2,863.14 tonnes of CO2e in 2024.
Further breaking down these achievements, the company reported a 22.6% reduction in Scope 1 (direct) emissions, dropping from about 320.27 tonnes of CO2e in 2023 to approximately 247.74 tonnes of CO2e in 2024. Additionally, Scope 2 (indirect emissions from purchased electricity) saw a reduction of 2.8%, moving from approximately 634.14 tonnes of CO2e in 2023 to about 616.22 tonnes of CO2e in 2024.
While specific absolute emissions data for 2020 indicated a "carbon footprint" of 3,000.0 tonnes CO2e, the most recent reporting period shows a clear downward trend in key emission scopes and overall GHG emissions.
Ceylinco Life Insurance's emissions data is cascaded from its parent organisation, Ceylinco Holdings PLC.
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Ceylinco Life Insurance Limited’s Climate Goals (2030 & 2050)
3 goals2024
22.6% reduction in Scope 1
Scope 1 (Direct emissions): A reduction of 22.6% was achieved, from 320.27 tCO2e in 2023 to 247.74 tCO2e in 2024.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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