FWD Group Management Holdings Limited Sustainability Profile
FWD Group Management Holdings Limited, commonly referred to as FWD, is a prominent insurance and financial services provider headquartered in Hong Kong. Established in 2013, FWD has rapidly expanded its operations across Asia, with a strong presence in markets such as Thailand, Indonesia, and the Philippines. Specialising in life insurance, general insurance, and employee benefits, FWD distinguishes itself through innovative products and a customer-centric approach. The company has achieved significant milestones, including the launch of digital insurance solutions that enhance accessibility and convenience for clients. With a commitment to transforming the insurance landscape, FWD has garnered recognition for its unique offerings and has positioned itself as a leading player in the Asian insurance market, continually striving to meet the evolving needs of its customers.
DitchCarbon Score
How does FWD Group Management Holdings Limited'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 Group Management Holdings Limited's score of 25 is lower than 65% 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 Group Management Holdings Limited's reported carbon emissions
In 2022, FWD Group Management Holdings Limited reported total carbon emissions of approximately 5,145,000 kg CO2e, comprising 493,000 kg CO2e from Scope 1 emissions and about 4,578,000 kg CO2e from Scope 2 emissions. This reflects an increase from 2021, when total emissions were around 4,815,000 kg CO2e, with Scope 1 emissions at 379,000 kg CO2e and Scope 2 emissions at approximately 4,295,000 kg CO2e. FWD Group has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of reduction targets indicates a potential area for future commitment in their climate strategy. The company operates from its headquarters in Hong Kong and is focused on enhancing its sustainability practices, although specific initiatives or commitments have not been detailed in the available data.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 379,000 | 000,000 |
| Scope 2 | 4,295,000 | 0,000,000 |
| Scope 3 | - | - |
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FWD Group Management Holdings Limited'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 Group Management Holdings Limited 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.
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