Gulf Insurance Group
Gulf Insurance Group (GIG), headquartered in Kuwait (KW), is a leading player in the insurance industry, providing a comprehensive range of insurance solutions across the Middle East and North Africa. Established in 1962, GIG has achieved significant milestones, including expanding its operations to several key markets, solidifying its reputation as a trusted provider. The company offers a diverse portfolio of products, including life, health, and general insurance, distinguished by its customer-centric approach and innovative solutions. GIG's commitment to excellence has earned it numerous accolades, positioning it as a market leader in the region. With a focus on sustainability and digital transformation, Gulf Insurance Group continues to adapt to the evolving needs of its clients, ensuring robust protection and peace of mind.
DitchCarbon Score
How does Gulf Insurance Group'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
Gulf Insurance Group's score of 19 is lower 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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Gulf Insurance Group's reported carbon emissions
In 2022, Gulf Insurance Group, headquartered in Kuwait (KW), reported no specific carbon emissions data, indicating a lack of disclosed emissions figures across all scopes (Scope 1, 2, and 3). This absence of data suggests that the company has not yet established a comprehensive emissions inventory or may be in the early stages of its sustainability reporting. Despite the lack of specific emissions data, Gulf Insurance Group is likely aware of the growing importance of climate commitments within the insurance industry. As global awareness of climate change increases, many companies are setting reduction targets and engaging in sustainability initiatives. However, Gulf Insurance Group has not publicly disclosed any reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). As the insurance sector faces increasing pressure to address climate risks and reduce carbon footprints, Gulf Insurance Group's future climate strategies will be crucial in aligning with industry standards and expectations. The company may benefit from developing a clear emissions reporting framework and setting measurable targets to enhance its sustainability profile.
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.
Gulf Insurance Group 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.
