Fareast Life Insurance Company Ltd Sustainability Profile
Fareast Life Insurance Company Ltd., headquartered in Bangladesh (BD), is a prominent player in the life insurance industry, offering a diverse range of financial protection and investment solutions. Established in 1998, the company has made significant strides in the market, becoming a trusted name for individuals and families seeking comprehensive life insurance coverage. With a focus on innovative products, Fareast Life provides unique offerings such as endowment plans, term insurance, and health insurance, tailored to meet the evolving needs of its clients. The company is recognised for its customer-centric approach and commitment to financial security, positioning itself as a leader in the Bangladeshi insurance sector. Notable achievements include a strong market presence and a reputation for reliability, making Fareast Life Insurance Company Ltd. a preferred choice for many in the region.
DitchCarbon Score
How does Fareast Life Insurance Company Ltd'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 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
Fareast Life Insurance Company Ltd's score of 3 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Fareast Life Insurance Company Ltd's reported carbon emissions
Fareast Life Insurance Company Ltd, headquartered in Bangladesh (BD), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As a result, there is no information available regarding their commitments to reducing carbon emissions or any initiatives they may be undertaking in relation to climate change. The lack of data suggests that Fareast Life Insurance Company Ltd may not yet have established a formal framework for measuring or reporting its carbon footprint, which is increasingly important in the insurance industry for addressing climate-related risks and opportunities. In the context of the broader industry, many companies are adopting science-based targets and engaging in initiatives to enhance sustainability. However, without specific commitments or data, it is unclear how Fareast Life Insurance Company Ltd aligns with these trends.
How Carbon Intensive is Fareast Life Insurance Company Ltd's Industry?
How Carbon Intensive is Fareast Life Insurance Company Ltd's Location?
Fareast Life Insurance Company Ltd'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.
Fareast Life Insurance Company Ltd 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.
Compare Fareast Life Insurance Company Ltd's Emissions with Industry Peers
Metlife
Sun Life
Prudential Financial
National Life Insurance Company
Let us know if this data was useful to you
Usage Policy
You're welcome to quote or reference data from this page, but please include a visible link back to this URL.
Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.