Fwd
FWD Group, commonly referred to as FWD, is a leading insurance provider headquartered in Hong Kong. Established in 2013, the company has rapidly expanded its operations across Asia, with a strong presence in markets such as Thailand, Indonesia, and the Philippines. FWD is renowned for its innovative approach to insurance, focusing on life, health, and general insurance products that cater to the evolving needs of customers. With a commitment to simplifying insurance, FWD offers unique digital solutions that enhance customer experience and accessibility. The company has achieved significant milestones, including numerous awards for its customer service and product innovation. As a prominent player in the insurance industry, FWD continues to redefine the landscape with its customer-centric philosophy and cutting-edge technology.
DitchCarbon Score
How does Fwd'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.
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.
Industry Benchmark
Fwd's score of 25 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fwd's reported carbon emissions
In 2023, Fwd reported total carbon emissions of approximately 5,512,000 kg CO2e, with Scope 1 emissions at about 518,000 kg CO2e and Scope 2 emissions at around 4,994,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. In 2022, Fwd's total emissions were approximately 5,145,000 kg CO2e, indicating a slight increase in emissions year-on-year. Fwd's emissions data for 2025 shows no reported emissions for Scope 1 and 2, suggesting a potential shift towards more sustainable practices or a change in reporting methodology. However, the company has not set any specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). Fwd operates from its headquarters in Hong Kong and has not inherited emissions data from any parent company. The absence of significant climate commitments or reduction initiatives places Fwd in a context where further action may be necessary to align with industry standards for climate responsibility.
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| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
Fwd 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.
