Fwd Sustainability Profile
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 66% 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 approximately 4,994,000 kg CO2e. This represents a slight increase from 2022, when total emissions were about 5,145,000 kg CO2e, with Scope 1 at approximately 493,000 kg CO2e and Scope 2 at around 4,652,000 kg CO2e. Notably, in 2025, Fwd aims to achieve zero emissions for Scope 1 and Scope 2, as indicated by their reported total of 0.0 kg CO2e for that year. Fwd has not disclosed any specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organisation. The company has not set Science-Based Targets Initiative (SBTi) reduction targets or participated in other climate pledges. Overall, Fwd's emissions data reflects a commitment to reducing its carbon footprint, particularly with the ambitious goal of achieving zero emissions in the near future.
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| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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Fwd'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.
Fwd 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.
