Jubilee Holdings Limited
Jubilee Holdings Limited, commonly known as Jubilee Insurance, is a leading insurance provider headquartered in Nairobi, Kenya. Established in 1937, the company has grown to become a prominent player in the East African insurance market, with significant operations in Kenya, Uganda, Tanzania, and Mauritius. Specialising in life and general insurance, Jubilee Holdings offers a diverse range of products, including health, motor, and property insurance, distinguished by their customer-centric approach and innovative solutions. The company has achieved notable milestones, such as being the first insurance firm to be listed on the Nairobi Securities Exchange, solidifying its market position. With a commitment to excellence and a strong reputation for reliability, Jubilee Holdings continues to set industry standards in the region.
DitchCarbon Score
How does Jubilee Holdings Limited'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 Coal Tar Production 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
Jubilee Holdings Limited's score of 35 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Jubilee Holdings Limited's reported carbon emissions
In 2023, Jubilee Holdings Limited reported total carbon emissions of approximately 339,486,000 kg CO2e. This figure represents a slight decrease from the previous year’s total of about 350,955,000 kg CO2e in 2022. The emissions breakdown for 2023 includes Scope 1 emissions of about 67,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 175,000 kg CO2e. The majority of their emissions fall under Scope 3, with significant contributions from investments (about 333,090,000 kg CO2e), business travel (approximately 1,083,000 kg CO2e), employee commute (around 544,000 kg CO2e), and purchased goods and services (approximately 4,516,000 kg CO2e). Despite the reported emissions, Jubilee Holdings Limited has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of formal climate pledges or science-based targets indicates a potential area for improvement in their sustainability strategy. As a leading player in the insurance sector, Jubilee Holdings is positioned to enhance its climate commitments and contribute to broader industry efforts in reducing greenhouse gas emissions.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 70,000 | 00,000 |
| Scope 2 | 339,000 | 000,000 |
| Scope 3 | 350,521,000 | 000,000,000 |
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.
Jubilee Holdings Limited 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.
