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 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 24 is higher than 64% 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. Over the years, Great Eastern Holdings has demonstrated a commitment to reducing its carbon footprint. In 2022, the company recorded total emissions of about 15,488,360 kg CO2e, indicating a slight increase in 2023. However, from 2019 to 2020, there was a significant reduction in total emissions from 14,732,000 kg CO2e to 11,529,200 kg CO2e, showcasing their efforts in emission management. Despite these fluctuations, the company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Their ongoing commitment to sustainability is reflected in their emissions reporting and energy consumption metrics, which aim to enhance operational efficiency and reduce environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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.