Gulf Insurance Group Sustainability Profile
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 84% 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 organisation has not yet established a comprehensive emissions inventory or reporting framework. Despite the lack of specific emissions data, Gulf Insurance Group is committed to addressing climate change, as evidenced by their participation in initiatives such as the Carbon Disclosure Project (CDP). However, there are currently no publicly stated reduction targets or climate pledges, which may limit their accountability and transparency in climate action. As the insurance sector increasingly prioritises sustainability, Gulf Insurance Group's future commitments and actions will be crucial in aligning with industry standards and expectations for climate responsibility.
How Carbon Intensive is Gulf Insurance Group's Industry?
How Carbon Intensive is Gulf Insurance Group's Location?
Gulf Insurance Group's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Gulf Insurance Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
