Public Profile

Chubb Life Assurance Public Company Limited

Chubb Life Assurance Public Company Limited, commonly referred to as Chubb Life, is a prominent player in the life insurance industry, headquartered in Thailand. Established in 1988, the company has grown significantly, offering a diverse range of insurance products and services tailored to meet the needs of individuals and businesses across the region. Chubb Life focuses on life insurance, health insurance, and investment-linked products, distinguished by their commitment to customer service and innovative solutions. With a strong presence in Southeast Asia, Chubb Life has achieved notable milestones, including recognition for its financial strength and customer satisfaction. As a subsidiary of Chubb Limited, a global leader in insurance, Chubb Life continues to enhance its market position through strategic initiatives and a customer-centric approach, ensuring it remains a trusted choice for insurance solutions in Thailand and beyond.

DitchCarbon Score

How does Chubb Life Assurance Public Company 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.

26

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.

27

Industry Benchmark

Chubb Life Assurance Public Company Limited's score of 26 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

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Chubb Life Assurance Public Company Limited's reported carbon emissions

In 2023, Chubb Life Assurance Public Company Limited reported total carbon emissions of approximately 399,780 kg CO2e. This figure includes 155,500 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 49,100 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions, which encompass all other indirect emissions in the value chain, accounted for about 195,180 kg CO2e. Despite the detailed emissions reporting, Chubb Life has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments suggests a need for further action in aligning with industry standards for climate accountability and sustainability. As the insurance sector increasingly prioritises climate resilience, Chubb Life's future strategies may benefit from establishing clear reduction goals to enhance their environmental impact.

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2023
Scope 1
155,500
Scope 2
49,100
Scope 3
195,180

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Chubb Life Assurance Public Company Limited's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Chubb Life Assurance Public Company Limited is in TH, which has a low grid carbon intensity relative to other regions.

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.

Chubb Life Assurance Public Company Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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