Public Profile

Korean Reinsurance Company

Korean Reinsurance Company, often referred to as Korean Re, is a leading player in the global reinsurance industry, headquartered in Seoul, South Korea. Established in 1963, the company has grown to become a prominent provider of reinsurance solutions across Asia and beyond, with a strong presence in key markets including Japan, China, and Southeast Asia. Korean Re offers a diverse range of products and services, specialising in property, casualty, and life reinsurance. Its commitment to innovation and customer-centric solutions sets it apart in a competitive landscape. The company has achieved significant milestones, including being the first Korean reinsurer to be listed on the Korea Exchange, solidifying its market position. With a robust financial foundation and a reputation for reliability, Korean Re continues to play a vital role in supporting the insurance industry’s growth and stability.

DitchCarbon Score

How does Korean Reinsurance Company'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.

14

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.

18

Industry Benchmark

Korean Reinsurance Company's score of 14 is lower than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

5%

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Korean Reinsurance Company's reported carbon emissions

In 2023, the Korean Reinsurance Company reported greenhouse gas emissions intensity of approximately 0.065 kg CO2e per square metre, with financed emissions intensity at about 0.259 kg CO2e per unit of revenue (KRW). This data indicates a slight decrease in emissions intensity compared to 2022, where the figures were approximately 0.069 kg CO2e per square metre and 0.245 kg CO2e per unit of revenue, respectively. The company has not disclosed specific Scope 1, 2, or 3 emissions data, nor have they set formal reduction targets or climate pledges. However, their ongoing commitment to monitoring and reporting emissions reflects an awareness of climate impact and a potential pathway towards future sustainability initiatives. Overall, while specific emissions data is limited, the Korean Reinsurance Company's focus on emissions intensity metrics suggests a proactive approach to understanding and managing their carbon footprint in the context of global climate commitments.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Korean Reinsurance Company's primary industry is Coal Tar, which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Korean Reinsurance Company is in KR, which we do not have grid emissions data for.

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.

Korean Reinsurance Company 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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