Public Profile

First Insurance Company

First Insurance Company, also known as First Insurance or FIC, is a prominent player in the insurance industry, headquartered in Taiwan (TW). Established in 1961, the company has built a strong reputation for providing comprehensive insurance solutions across various sectors, including life, health, and property insurance. With a focus on customer-centric services, First Insurance Company offers unique products tailored to meet the diverse needs of its clients. The company has achieved significant milestones, positioning itself as a trusted provider in the Taiwanese market and expanding its operations to key regions across Asia. Renowned for its innovative approach and commitment to excellence, First Insurance Company continues to set industry standards, making it a leading choice for individuals and businesses seeking reliable insurance coverage.

DitchCarbon Score

How does First Insurance Company'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.

22

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.

2

Industry Benchmark

First Insurance Company's score of 22 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

14%

First Insurance Company's reported carbon emissions

In 2022, First Insurance Company reported total carbon emissions of approximately 979,920 kg CO2e, all of which were classified under Scope 2 emissions, indicating that these emissions were primarily from purchased electricity. The company has shown a slight increase in emissions from 2021, where total emissions were about 979,910 kg CO2e, also entirely from Scope 2. In 2020, First Insurance Company recorded total emissions of approximately 959,160 kg CO2e, with no Scope 1 emissions and a minor contribution of about 3,770.91 kg CO2e from Scope 3. The data indicates a trend of relatively stable emissions over the years, with a notable focus on Scope 2 emissions. Despite the emissions data, First Insurance Company has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests that the company may be in the early stages of developing a comprehensive climate commitment framework. Overall, First Insurance Company is actively monitoring its carbon emissions, particularly in relation to electricity usage, but further commitments and reduction targets are needed to enhance its climate action strategy.

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2019202020212022
Scope 1
1,007,628
-
-
-
Scope 2
1,007,628
000,000
000,000
000,000
Scope 3
-
0,000.00
0,000.00
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. First Insurance Company'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. First Insurance Company is headquartered in TW, which we do not have grid emissions data for.

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.

First Insurance Company is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers