KGI Life Insurance Sustainability Profile
KGI Life Insurance Co., Ltd., commonly referred to as KGI Life, is a prominent player in the life insurance industry, headquartered in Taipei, Taiwan. Established in 2005, the company has rapidly expanded its operations across major regions in Taiwan, offering a diverse range of insurance products tailored to meet the needs of individuals and families. KGI Life is renowned for its innovative life insurance solutions, including whole life, term life, and investment-linked policies, which are designed to provide financial security and peace of mind. The company’s commitment to customer-centric service and its robust financial stability have positioned it as a trusted choice among Taiwanese consumers. With a focus on leveraging technology to enhance customer experience, KGI Life continues to achieve significant milestones, solidifying its reputation as a leader in the life insurance sector.
DitchCarbon Score
How does KGI Life Insurance'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
KGI Life Insurance's score of 43 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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KGI Life Insurance's reported carbon emissions
In 2023, KGI Life Insurance, headquartered in Taiwan (TW), reported total carbon emissions of approximately 4,946,987 kg CO2e. This figure includes Scope 2 emissions of about 4,109,842 kg CO2e and Scope 3 emissions of approximately 837,145 kg CO2e. Notably, KGI Life Insurance does not disclose Scope 1 emissions data. Comparatively, in 2022, the company recorded total emissions of approximately 8,544,851 kg CO2e, with Scope 2 emissions at about 6,327,481 kg CO2e and Scope 3 emissions reaching approximately 1,656,947 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. Despite these reductions, KGI Life Insurance has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. The emissions data is cascaded from its parent company, KGI Financial Holding Co., Ltd., reflecting the broader corporate commitment to sustainability within the financial services sector.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 6,327,481 | 0,000,000 |
| Scope 3 | 1,656,947 | 000,000 |
How Carbon Intensive is KGI Life Insurance's Industry?
How Carbon Intensive is KGI Life Insurance's Location?
KGI Life Insurance's Scope 3 Categories Breakdown
KGI Life Insurance's Scope 3 emissions, which decreased by 49% last year and decreased by approximately 49% since 2022, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Investments" being the largest emissions source at 383446% of Scope 3 emissions.
Top Scope 3 Categories
KGI Life Insurance'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.
KGI Life Insurance has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
