Fubon Life Insurance Co., Ltd., a prominent player in the insurance and pension funding services sector, is headquartered in Taiwan (TW). Established in 2001, the company has rapidly evolved, offering a diverse range of products that cater to individual and corporate clients alike. Fubon Life is renowned for its innovative life insurance policies, health insurance plans, and pension products, which are designed to meet the unique needs of its customers.
With a strong presence in Taiwan and expanding operations across Asia, Fubon Life has positioned itself as a leader in the insurance market. The company has achieved significant milestones, including numerous awards for customer service excellence and product innovation. Fubon Life's commitment to financial security and customer satisfaction sets it apart in a competitive landscape, making it a trusted choice for insurance solutions.
+13 vs industry average
Fubon Life Insurance Co., Ltd.’s score of 50 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Fubon Life Insurance Co., Ltd.'s reported carbon emissions
Fubon Life Insurance Co., Ltd. (TW), operating within the insurance and pension funding services sector, has established a long-term commitment to achieving net-zero carbon emissions by 2050. This ambitious goal underpins their yearly reduction targets. For the reporting year 2024, Fubon Life Insurance reported Scope 1 emissions of approximately 1,031,130 kg CO2e and Scope 2 emissions of approximately 13,341,650 kg CO2e. Combined Scope 1 and 2 emissions for 2024 totalled approximately 14,372,780 kg CO2e. In 2023, the company's Scope 1 emissions were approximately 2,102,560 kg CO2e, with Scope 2 emissions at approximately 13,654,890 kg CO2e, resulting in a combined Scope 1 and 2 total of approximately 15,757,450 kg CO2e. Historical data for 2022 indicates Scope 1 emissions of approximately 285,000 kg CO2e and Scope 2 emissions of approximately 3,559,000 kg CO2e, with Scope 1 and 2 emissions totalling approximately 3,844,000 kg CO2e. Scope 3 emissions for 2022 included business travel (approximately 9,000 kg CO2e), employee commute (approximately 1,800,000 kg CO2e), waste generated in operations (approximately 35,000 kg CO2e), and fuel and energy-related activities (approximately 629,000 kg CO2e). In 2021, Fubon Life Insurance reported Scope 1 emissions of approximately 296,000 kg CO2e and Scope 2 emissions of approximately 3,139,000 kg CO2e, with a combined Scope 1 and 2 total of approximately 3,435,000 kg CO2e. Scope 3 emissions for 2021 comprised business travel (approximately 9,000 kg CO2e), employee commute (approximately 1,810,000 kg CO2e), waste generated in operations (approximately 40,000 kg CO2e), and fuel and energy-related activities (approximately 591,000 kg CO2e). For 2020, Scope 1 emissions were approximately 2,364,840 kg CO2e, and Scope 2 emissions were approximately 16,627,770 kg CO2e, leading to a combined Scope 1 and 2 total of approximately 18,992,610 kg CO2e. Scope 3 emissions in 2020 included employee commute (approximately 24,466,140 kg CO2e) and fuel and energy-related activities (approximately 3,570,200 kg CO2e). Fubon Life Insurance's emissions data is cascaded from its ultimate parent, Fubon Financial Holding Co., Ltd., as a current subsidiary. SBTi and CDP initiatives are also cascaded from Fubon Financial Holding Co., Ltd. The company is actively working towards its net-zero vision by 2050, with ongoing efforts to meet its reduction targets year by year.
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Fubon Life Insurance Co., Ltd.’s Climate Goals (2030 & 2050)
2 goals2050
With the vision of achieving net-zero carbon emissions by 20…
With the vision of achieving net-zero carbon emissions by 2050, we strive to reach our reduction targets year by year.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Inherited from Fubon Financial Holding Co., Ltd.
Carbon Disclosure Project
Inherited from Fubon Financial Holding Co., Ltd.
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Inherited from Fubon Financial Holding Co., Ltd.
Climate Action 100
Emissions comparison with industry peers
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Fubon Life Insurance Co., Ltd.
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