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HSBC Insurance (Singapore) Pte., Group Term life and Group Medical Insurance Portfolios in Singapore
HSBC Insurance (Singapore) Pte. is a prominent player in the insurance industry, headquartered in Singapore (SG). Established as part of the HSBC Group, the company has built a strong reputation for its comprehensive Group Term Life and Group Medical Insurance portfolios, catering to the diverse needs of businesses and individuals across the region. Since its inception, HSBC Insurance has focused on delivering innovative insurance solutions that stand out in the competitive market. Their core offerings include robust life and medical insurance plans designed to provide financial security and peace of mind. With a commitment to customer service and a strong financial backing, HSBC Insurance has achieved notable milestones, solidifying its position as a trusted provider in Singapore's insurance landscape.
DitchCarbon Score
How does HSBC Insurance (Singapore) Pte., Group Term life and Group Medical Insurance Portfolios in Singapore'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 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
HSBC Insurance (Singapore) Pte., Group Term life and Group Medical Insurance Portfolios in Singapore's score of 15 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HSBC Insurance (Singapore) Pte., which encompasses the Group Term Life and Group Medical Insurance Portfolios, currently does not have specific emissions data available for the most recent year. As a result, there are no reported carbon emissions figures in kg CO2e for the organisation. However, it is important to note that HSBC Insurance (Singapore) is part of a larger corporate family, with emissions data and climate commitments cascading from HSBC Holdings plc, the ultimate parent company. This relationship indicates that while specific emissions data for the Singapore entity is not disclosed, it aligns with the broader sustainability initiatives and targets set by HSBC Holdings plc. HSBC Holdings plc has made significant commitments to reduce its carbon footprint, including participation in the Carbon Disclosure Project (CDP) and the RE100 initiative, both of which aim to enhance transparency and promote renewable energy usage. These commitments are cascaded down through the corporate structure, influencing the operational practices of HSBC Insurance (Singapore). As of now, there are no specific reduction targets or achievements reported for HSBC Insurance (Singapore) in relation to its carbon emissions. The organisation's climate commitments are likely to be informed by the overarching strategies of HSBC Holdings plc, which is focused on achieving net-zero emissions in its operations and financing activities by 2050. In summary, while HSBC Insurance (Singapore) does not currently report specific emissions data or reduction targets, it is integrated into the climate commitments of its parent company, HSBC Holdings plc, which is actively working towards significant sustainability goals.
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.
HSBC Insurance (Singapore) Pte., Group Term life and Group Medical Insurance Portfolios in Singapore 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.
