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 85% 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 includes Scope 1 emissions of about 67,000 kg CO2e, primarily from mobile combustion, and Scope 2 emissions totalling approximately 175,000 kg CO2e. The majority of their emissions, approximately 333,090,000 kg CO2e, fall under Scope 3, which encompasses investments, business travel (about 1,083,000 kg CO2e), employee commuting (approximately 544,000 kg CO2e), and purchased goods and services (around 4,516,000 kg CO2e). In comparison, the previous year, 2022, saw total emissions of about 350,955,000 kg CO2e, with Scope 1 emissions at approximately 70,000 kg CO2e and Scope 2 emissions at around 339,000 kg CO2e. Scope 3 emissions for 2022 were approximately 346,682,000 kg CO2e, indicating a slight reduction in total emissions from 2022 to 2023. Despite these figures, Jubilee Holdings Limited has not set specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The company operates independently without cascading emissions data from a parent organisation. Overall, Jubilee Holdings Limited's emissions profile reflects a significant reliance on Scope 3 emissions, highlighting the need for comprehensive strategies to address their carbon footprint effectively.
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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.
