Chubb Hong Kong Limited Sustainability Profile
Chubb Hong Kong Limited, a prominent player in the insurance industry, is headquartered in Hong Kong (HK) and operates extensively across the Asia-Pacific region. Founded in 1882, Chubb has established itself as a leader in providing a wide range of insurance solutions, including property and casualty, accident and health, and specialty insurance products. Renowned for its commitment to customer service and innovative risk management, Chubb offers unique products tailored to meet the diverse needs of individuals and businesses. The company has achieved significant milestones, including its recognition as one of the largest publicly traded property and casualty insurance companies globally. With a strong market position, Chubb Hong Kong Limited continues to set industry standards through its comprehensive coverage options and exceptional claims handling.
DitchCarbon Score
How does Chubb Hong Kong 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 Electrical Machinery Manufacturing 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
Chubb Hong Kong Limited's score of 28 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chubb Hong Kong Limited currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Chubb Limited, which may influence its climate commitments and performance metrics. Chubb Hong Kong Limited's climate initiatives are part of a broader corporate strategy, with emissions data cascaded from its parent company, Chubb Limited, at a cascade level of 2. Additionally, data from APi Group Corporation, at a cascade level of 3, may also inform their environmental impact assessments. While there are no specific reduction targets or climate pledges reported for Chubb Hong Kong Limited, the company is likely aligned with the sustainability goals of its parent organisation. This includes adherence to industry standards and practices aimed at reducing carbon footprints and enhancing climate resilience. In summary, while specific emissions data and reduction targets for Chubb Hong Kong Limited are not available, the company is part of a larger corporate family that is committed to addressing climate change through various initiatives and strategies.
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| 2024 | |
|---|---|
| Scope 1 | 28,246,000 |
| Scope 2 | 7,643,000 |
| Scope 3 | 45,732,000 |
How Carbon Intensive is Chubb Hong Kong Limited's Industry?
How Carbon Intensive is Chubb Hong Kong Limited's Location?
Chubb Hong Kong Limited's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 56% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Chubb Hong Kong 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.
Chubb Hong Kong 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.
