Fubon Life Insurance Co., Ltd., a prominent player in the insurance sector, is headquartered in Taipei, Taiwan (TW). Established in 2001, the company has rapidly evolved, becoming a key provider of life insurance and financial services across Taiwan and other major operational regions in Asia. Fubon Life offers a diverse range of products, including life insurance, health insurance, and investment-linked policies, distinguished by their customer-centric approach and innovative solutions. The company has achieved significant milestones, including recognition for its robust financial stability and commitment to customer service. With a strong market position, Fubon Life Insurance is celebrated for its comprehensive offerings and has garnered numerous awards, solidifying its reputation as a trusted insurance provider in the region.
How does Fubon Life Insurance Co., 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.
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.
Fubon Life Insurance Co., Ltd.'s score of 46 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Fubon Life Insurance Co., Ltd. reported total carbon emissions of approximately 16,828,960 kg CO2e, which includes 2,116,480 kg CO2e from Scope 1, 14,712,480 kg CO2e from Scope 2, and 19,626,840 kg CO2e from Scope 3 emissions (comprising employee commute and fuel and energy-related activities). This data reflects a comprehensive approach to emissions reporting, covering all relevant scopes. Fubon Life has set ambitious climate commitments, aiming for net-zero carbon emissions by 2050. The company has established reduction targets for both Scope 1 and Scope 2 emissions, with a commitment to achieve these targets incrementally from 2023 onwards. This long-term vision underscores their dedication to sustainability and climate action. The emissions data for 2021 shows a total of approximately 17,467,840 kg CO2e, indicating a slight decrease in emissions from the previous year, where total emissions were about 18,992,610 kg CO2e in 2020. This trend suggests a proactive approach to reducing their carbon footprint. Fubon Life's emissions data is cascaded from its parent company, Fubon Financial Holding Co., Ltd., which provides a broader context for their climate initiatives and targets. The company is actively engaged in various sustainability initiatives, including participation in the CDP and RE100, further demonstrating its commitment to environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 2,364,840 | 0,000,000 | 0,000,000 |
Scope 2 | 16,627,770 | 00,000,000 | 00,000,000 |
Scope 3 | 28,036,340 | 00,000,000 | 00,000,000 |
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.
Fubon Life Insurance Co., 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.