Dubai Insurance Co Sustainability Profile
Dubai Insurance Company, commonly referred to as Dubai Insurance, is a prominent player in the insurance industry, headquartered in the United Arab Emirates (AE). Established in 1990, the company has built a strong reputation across the region, particularly in Dubai and Abu Dhabi, by offering a diverse range of insurance solutions. Specialising in life, health, and general insurance, Dubai Insurance distinguishes itself through innovative products tailored to meet the unique needs of its clients. The company has achieved significant milestones, including regulatory approvals and partnerships that enhance its service offerings. With a commitment to customer satisfaction and a robust market presence, Dubai Insurance continues to be a trusted choice for individuals and businesses seeking comprehensive insurance coverage in the UAE.
DitchCarbon Score
How does Dubai Insurance Co'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
Dubai Insurance Co's score of 32 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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Dubai Insurance Co's reported carbon emissions
In 2023, Dubai Insurance Co reported total carbon emissions of approximately 48,366,470 kg CO2e. This figure includes 10,500 kg CO2e from Scope 1 emissions, 900,970 kg CO2e from Scope 2 emissions, and a significant 47,455,000 kg CO2e from Scope 3 emissions, primarily attributed to business travel. Comparatively, in 2022, the company recorded total emissions of about 26,211,670 kg CO2e, with Scope 1 emissions at 10,910 kg CO2e, Scope 2 at 764,760 kg CO2e, and Scope 3 emissions reaching 25,436,000 kg CO2e. This indicates a notable increase in emissions year-on-year, particularly in Scope 3. In 2021, the total emissions were approximately 4,411,720 kg CO2e, with Scope 1 at 9,620 kg CO2e, Scope 2 at 952,090 kg CO2e, and Scope 3 at 3,450,000 kg CO2e. The emissions for 2020 were reported at 4,218,910 kg CO2e, with Scope 2 emissions from purchased electricity accounting for 1,423,120 kg CO2e. Despite the increase in emissions, Dubai Insurance Co has not disclosed any specific reduction targets or climate pledges. The company does not appear to inherit emissions data from a parent organization, as indicated by the absence of cascaded data. Overall, while Dubai Insurance Co has made strides in reporting its emissions across all scopes, the lack of reduction initiatives or targets highlights an area for potential improvement in its climate commitments.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 0,000 | 00,000 | 00,000 |
| Scope 2 | 1,423,120 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | 0,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Dubai Insurance Co's Industry?
How Carbon Intensive is Dubai Insurance Co's Location?
Dubai Insurance Co's Scope 3 Categories Breakdown
Dubai Insurance Co's Scope 3 emissions, which increased by 87% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Dubai Insurance Co'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.
Dubai Insurance Co 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.
