FWD Group Management Holdings Limited
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 22 is lower than 78% 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 4,578,000 kg CO2e from Scope 2 emissions. This represents a slight increase from 2021, when total emissions were about 4,815,000 kg CO2e, with Scope 1 emissions at 379,000 kg CO2e and Scope 2 emissions at 4,295,000 kg CO2e. FWD Group has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has not reported on Scope 3 emissions, which encompass indirect emissions from the value chain. As such, their climate commitments remain unclear, and there are no documented pledges or targets under the Science Based Targets initiative (SBTi). Overall, FWD Group's emissions data highlights the need for enhanced transparency and commitment to climate action, particularly in setting measurable reduction targets for future sustainability efforts.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 379,000 | 000,000 |
| Scope 2 | 4,295,000 | 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 Group Management Holdings Limited 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.
