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Insurance Services
SG
updated 9 days ago

Great Eastern Holdings

Company website

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.

DitchCarbon Score

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.

60

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.

32

Industry Benchmark

Great Eastern Holdings's score of 60 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

76%

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Great Eastern Holdings's reported carbon emissions

In 2024, Great Eastern Holdings reported carbon emissions of approximately 440,920 kg CO2e, all of which were classified under Scope 3, specifically from business travel. This follows a total emission of about 16,118,960 kg CO2e in 2023, which included 269,410 kg CO2e from Scope 1 (mobile combustion), 15,340,290 kg CO2e from Scope 2 (purchased electricity), and 507,920 kg CO2e from Scope 3 (business travel). The company has set ambitious climate commitments, aiming for Net Zero by 2050. They have established interim targets 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. Additionally, Great Eastern aims to reduce emissions per Full-Time Equivalent (FTE) by 10% by 2025, focusing on energy-saving features in their buildings and integrating environmental considerations into office transformation projects. Great Eastern Holdings is a current subsidiary of Great Eastern Holdings Limited, which influences its sustainability reporting and targets. The emissions data and climate commitments reflect a commitment to reducing their environmental impact while aligning with industry standards for climate action.

Unlock detailed emissions data

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

201920202021202220232024
Scope 1
-
-
000,000
000,000
000,000
-
Scope 2
14,542,000
00,000,000
00,000,000
00,000,000
00,000,000
-
Scope 3
190,000
00,000
00,000
000,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Great Eastern Holdings'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 Great Eastern Holdings is in SG, which has a low grid carbon intensity relative to other regions.

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.

Great Eastern Holdings 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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