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Insurance Services
VN
updated 7 months ago

MB Ageas Life Insurance Company Limited

Company website

MB Ageas Life Insurance Company Limited, headquartered in Vietnam, is a prominent player in the life insurance industry, offering a diverse range of financial protection and investment solutions. Founded in 2013, the company has rapidly established itself as a trusted provider, focusing on innovative life insurance products tailored to meet the evolving needs of its customers. With a strong presence in major operational regions across Vietnam, MB Ageas Life is renowned for its unique offerings, including comprehensive life insurance policies and savings plans that combine security with growth potential. The company’s commitment to customer-centric service and financial stability has earned it a notable position in the market, reflecting its dedication to enhancing the financial well-being of individuals and families throughout the region.

DitchCarbon Score

How does MB Ageas Life Insurance Company 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.

22

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.

32

Industry Benchmark

MB Ageas Life Insurance Company Limited's score of 22 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.

23%

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MB Ageas Life Insurance Company Limited's reported carbon emissions

Inherited from Military Commercial Joint Stock Bank

MB Ageas Life Insurance Company Limited, headquartered in Vietnam, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Military Commercial Joint Stock Bank, which may influence its climate-related initiatives and reporting practices. As of now, MB Ageas Life Insurance has not established any documented reduction targets or climate pledges. This lack of specific commitments may reflect broader industry trends where many financial institutions are still developing comprehensive climate strategies. Given the absence of direct emissions data and reduction initiatives, it is essential for MB Ageas Life Insurance to consider adopting industry-standard climate commitments, such as those outlined by the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP), to enhance its sustainability profile and align with global climate goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20212022
Scope 1
3,295,420
0,000,000
Scope 2
12,649,970
0,000,000
Scope 3
8,275,140
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. MB Ageas Life Insurance Company Limited's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very 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 MB Ageas Life Insurance Company Limited is in VN, 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.

MB Ageas Life Insurance Company 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.

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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