Ditchcarbon
  • Contact
  1. Organizations
  2. Fubon Life Insurance Co., Ltd.
Public Profile
Insurance Services
TW
updated a month ago

Fubon Life Insurance Co., Ltd. Sustainability Profile

Company website

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.

DitchCarbon Score

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.

58

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.

31

Industry Benchmark

Fubon Life Insurance Co., Ltd.'s score of 58 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

74%

Let us know if this data was useful to you

Fubon Life Insurance Co., Ltd.'s reported carbon emissions

In 2023, Fubon Life Insurance Co., Ltd. reported total carbon emissions of approximately 15,757,450 kg CO2e, which includes 2,102,560 kg CO2e from Scope 1 and 13,654,890 kg CO2e from Scope 2 emissions. The company also disclosed significant Scope 3 emissions, totalling about 17,984,270 kg CO2e, primarily from employee commuting and fuel-related activities. Fubon Life has set ambitious climate commitments, aiming for net-zero carbon emissions by 2050. This long-term target encompasses both Scope 1 and Scope 2 emissions, with a structured approach to achieve annual reduction goals starting from 2023. The company's emissions data is cascaded from its parent organisation, Fubon Financial Holding Co., Ltd., which oversees broader sustainability initiatives. Fubon Life's commitment to sustainability is reflected in its ongoing efforts to monitor and reduce emissions, aligning with industry standards and climate terminology. The company is actively working towards its reduction targets, demonstrating a proactive stance in addressing climate change and enhancing its environmental performance.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2020202120222023
Scope 1
2,364,840
000,000
000,000
00,000
Scope 2
16,627,770
0,000,000
0,000,000
000,000
Scope 3
28,036,340
0,000,000
0,000,000
0,000,000

How Carbon Intensive is Fubon Life Insurance Co., Ltd.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fubon Life Insurance Co., Ltd.'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.

How Carbon Intensive is Fubon Life Insurance Co., Ltd.'s Location?

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. This request for Fubon Life Insurance Co., Ltd. is in TW, which we do not have grid emissions data for.

Fubon Life Insurance Co., Ltd.'s Scope 3 Categories Breakdown

Fubon Life Insurance Co., Ltd.'s Scope 3 emissions, which decreased by 5% last year and decreased by approximately 92% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 68% of Scope 3 emissions.

Top Scope 3 Categories

2023
Employee Commuting
68%
Fuel and Energy Related Activities
29%
Business Travel
1%
Waste Generated in Operations
1%

Fubon Life Insurance Co., 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.

Fubon Life Insurance Co., 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Fubon Life Insurance Co., Ltd.'s Emissions with Industry Peers

Zurich

CH
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 10 hours ago

Axa

FR
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 2 days ago

Manulife

CA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

Hartford

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 2 days ago

Cardif Assurance Vie (Taiwan Branch)

TW
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 18 days ago

State Farm

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 1 day ago

Let us know if this data was useful to you

Where does DitchCarbon data come from?

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

Ditchcarbon
v251031.3
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy