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Insurance Services
HK
updated 16 days ago

Fwd

Company website

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.

25

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.

29

Industry Benchmark

Fwd's score of 25 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

39%

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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. The company has not disclosed any Scope 3 emissions data. In 2022, Fwd's total emissions were slightly lower at about 5,145,000 kg CO2e, with Scope 1 and Scope 2 emissions of approximately 493,000 kg CO2e and 4,652,000 kg CO2e, respectively. Fwd's emissions data for 2020 indicated a minimal total of about 18,000 kg CO2e for Scope 1 and 2 combined. Notably, there are no reported reduction targets or climate pledges, and the company has not cascaded any emissions data from a parent organisation. Fwd's headquarters is located in Hong Kong, and while they have not set specific reduction targets, their emissions reporting reflects a commitment to transparency in their climate impact.

Unlock detailed emissions data

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

202020222023
Scope 1
-
000,000
000,000
Scope 2
-
0,000,000
0,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fwd'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.

Location emissions intensity

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 Fwd is in HK, which we do not have grid emissions data for.

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.

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

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Where does DitchCarbon data come from?

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

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