Great Eastern Holdings, a prominent player in the insurance and financial services industry, is headquartered in Singapore (SG) and operates extensively across Southeast Asia. Founded in 1908, the company has established itself as a trusted provider of life and health insurance, as well as investment-linked products, catering to a diverse clientele. With a commitment to innovation, Great Eastern offers unique solutions that blend traditional insurance with modern financial planning. The company has achieved significant milestones, including being one of the first insurers in the region to embrace digital transformation, enhancing customer experience and accessibility. Recognised for its strong market position, Great Eastern Holdings has garnered numerous awards for its service excellence and product offerings, solidifying its reputation as a leader in the insurance sector.
How does Great Eastern Holdings'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.
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.
Great Eastern Holdings's score of 49 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Great Eastern Holdings reported total carbon emissions of approximately 16,118,960 kg CO2e. This figure includes 269,410 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 15,340,290 kg CO2e from Scope 2 emissions related to purchased electricity. Additionally, Scope 3 emissions from business travel accounted for 507,920 kg CO2e. The company has made significant climate commitments, aiming for Net Zero by 2050. As part of its interim decarbonisation strategy, Great Eastern has set a target to achieve a 30% reduction in carbon emissions for Retail Motor on an emissions per Gross Written Premium (GWP) basis by 2030, using 2023 as the baseline year. This commitment reflects the company's proactive approach to addressing climate change and reducing its overall carbon footprint across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 61,170 | - | 000,000 | 000,000 | 000,000 |
Scope 2 | 15,135,170 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 190,000 | 00,000 | 00,000 | 000,000 | 000,000 |
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.
Great Eastern Holdings is not committed to any reduction initiatives 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.