Ceylinco Life Insurance Limited Sustainability Profile
Ceylinco Life Insurance Limited, a prominent player in the insurance sector, is headquartered in Sri Lanka (LK) and has established a strong presence across the island. Founded in 1988, the company has achieved significant milestones, positioning itself as a leader in life insurance and related financial services. Ceylinco Life offers a diverse range of products, including life insurance, health insurance, and investment plans, distinguished by their customer-centric approach and innovative solutions. The company is renowned for its commitment to financial security and has garnered numerous awards for excellence in service and product offerings. With a robust market position, Ceylinco Life continues to set benchmarks in the industry, making it a trusted choice for individuals and families seeking comprehensive insurance solutions in Sri Lanka.
DitchCarbon Score
How does Ceylinco Life Insurance 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.
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 Life Insurance Limited's score of 59 is higher than 76% 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 Life Insurance Limited, headquartered in Sri Lanka (LK), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Ceylinco Holdings PLC, which may influence its climate-related initiatives and commitments. While there are no documented reduction targets or climate pledges from Ceylinco Life Insurance Limited, it is important to note that emissions data and performance metrics may be inherited from its parent company, Ceylinco Holdings PLC. This relationship suggests that any climate commitments or emissions reductions may be aligned with the broader strategies of the parent organisation. As of now, Ceylinco Life Insurance Limited has not established specific science-based targets or significant reduction initiatives. The lack of reported emissions data highlights an opportunity for the company to enhance its transparency and commitment to climate action in the insurance sector.
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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 |
How Carbon Intensive is Ceylinco Life Insurance Limited's Industry?
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Ceylinco Life Insurance Limited'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.
Ceylinco Life Insurance Limited 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.
