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Public Profile
BD
updated 6 months ago

Fareast Life Insurance Company Ltd

Company website

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.

0

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.

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Industry Benchmark

Fareast Life Insurance Company Ltd's score of 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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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, it appears that Fareast Life Insurance Company Ltd has not yet established a formal framework for measuring or committing to carbon emissions reductions. This lack of data may reflect a broader trend within the insurance industry, where many companies are still in the early stages of developing comprehensive climate strategies. Without specific emissions data or reduction initiatives, it is unclear how Fareast Life Insurance Company Ltd plans to address climate change or contribute to sustainability efforts.

Industry emissions intensity

Very low
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Very high
Some industries are more carbon intensive than others. Fareast Life Insurance Company Ltd's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
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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 Fareast Life Insurance Company Ltd is in BD, which has a medium 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.

Fareast Life Insurance Company Ltd 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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Where does DitchCarbon data come from?

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