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OrganisationsGreat Eastern Holdings
Great Eastern Holdings logo

Great Eastern Holdings

Insurance ServicesSingapore
Last verified 3 months agogreateasternlife.com

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.

74
DitchCarbon score

+37 vs industry average

Great Eastern Holdings’s score of 74 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Insurance Services is among the least carbon-intensive industries

Industry performance

0.029
20192025

The Insurance Services industry has reduced its overall emissions by 7% since 2019

Emissions trajectory 2020 – 2028

00.0M00.0M00.0M0.0M0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Great Eastern Holdings's reported carbon emissions

In 2025, Great Eastern Holdings reported total carbon emissions of approximately 2,610,000 kg CO2e, comprising Scope 1 emissions of about 192,440 kg CO2e, Scope 2 emissions of approximately 2,608,890 kg CO2e, and Scope 3 emissions of around 470,070 kg CO2e. This data reflects a commitment to transparency and accountability in their climate impact. Great Eastern Holdings has set ambitious climate commitments, aiming for Net Zero by 2050. They have established interim targets, including a 30% reduction in carbon emissions for their Retail Motor business on an emissions per gross written premium (GWP) basis by 2030, using 2023 as the baseline year. Additionally, they are working towards achieving operational Net Zero for their carbon emissions by 2025, having already reduced their operational emissions by 11% from a 2019 baseline of 14,732,000 kg CO2e to 13,081,000 kg CO2e in 2022. The company is also focused on reducing the carbon footprint of its listed equity portfolio by 40% and its corporate bond asset class by 45% by 2030, with 2020 as the baseline year. These initiatives demonstrate Great Eastern Holdings's proactive approach to addressing climate change and their commitment to sustainable practices within their operations and investment strategies.

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Great Eastern Holdings’s Climate Goals (2030 & 2050)

7 goals

2030

30% reduction in all scopes

Great Eastern is committed to Net Zero by 2050 We have set interim decarbonisation targets of a 30% reduction in carbon emissions for Retail…

On track30%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

2 of 15 categories disclosed
Business Travel84%
Waste Generated in Operations16%
Business Travel84%
Waste Generated in Operations16%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

Inherited from Oversea-Chinese Banking Corporation Limited
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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Great Eastern Holdings logoGreat Eastern Holdings
SGInsurance Services
3 months ago
74
Axa logoAxa
FRInsurance Services
12 days ago
100
View
Standard Chartered PLC logoStandard Chartered PLC
GBFinancial Intermediation
24 days ago
100
View
Generali Group logoGenerali Group
ITDirect Life Insurance Carriers
2 hours ago
84
View
Prudential Financial logoPrudential Financial
GBInsurance Services
2 days ago
78
View
Manulife logoManulife
CAFinancial Intermediation
2 days ago
75
View
Prudential plc logoPrudential plc
HKInsurance Services
24 days ago
65
View

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