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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 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.
In 2023, Fubon Life Insurance Co., Ltd. reported total carbon emissions of approximately 3,356,000 kg CO2e, comprising 107,000 kg CO2e from Scope 1 and 3,249,000 kg CO2e from Scope 2 emissions. Additionally, Scope 3 emissions included about 1,596,000 kg CO2e from employee commuting, 690,000 kg CO2e from fuel and energy-related activities, 34,000 kg CO2e from business travel, and 31,000 kg CO2e from waste generated in operations. 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 commitment to achieve annual reduction targets starting from 2023. The company’s emissions data is cascaded from its parent company, Fubon Financial Holding Co., Ltd., which also supports various sustainability initiatives, including SBTi and CDP commitments. In comparison, the previous year's emissions in 2022 were approximately 3,844,000 kg CO2e, indicating a need for ongoing efforts to reduce emissions effectively. The company is actively working towards its climate goals, focusing on reducing its carbon footprint across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 2,364,840 | 000,000 | 000,000 | 000,000 |
Scope 2 | 16,627,770 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 28,036,340 | 0,000,000 | 0,000,000 | 0,000,000 |
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.