Meritz Fire & Marine Insurance Co., Ltd. Sustainability Profile
Meritz Fire & Marine Insurance Co., Ltd., commonly referred to as Meritz Insurance, is a leading player in the South Korean insurance industry, headquartered in Seoul, South Korea. Established in 1922, the company has built a strong reputation for its comprehensive range of insurance products, including fire, marine, and liability insurance, catering to both individual and corporate clients. With a focus on innovation and customer service, Meritz Insurance has achieved significant milestones, positioning itself as a trusted provider in the market. Its unique offerings, such as tailored insurance solutions and robust risk management services, set it apart from competitors. As a prominent insurer in South Korea, Meritz continues to expand its operational reach, solidifying its status as a key player in the insurance landscape.
DitchCarbon Score
How does Meritz Fire & Marine Insurance Co., Ltd.'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
Meritz Fire & Marine Insurance Co., Ltd.'s score of 22 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Meritz Fire & Marine Insurance Co., Ltd.'s reported carbon emissions
Meritz Fire & Marine Insurance Co., Ltd., headquartered in South Korea (KR), currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Meritz Financial Group Inc., which may influence its climate commitments and reporting. As of now, there are no documented reduction targets or climate pledges from Meritz Fire & Marine Insurance Co., Ltd. This lack of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the absence of direct emissions data, it is important to note that the company may be aligned with broader industry standards and practices, potentially inheriting climate commitments from its parent organisation, Meritz Financial Group Inc. However, specific details regarding these commitments or any cascading data from the parent company are not provided. In summary, while Meritz Fire & Marine Insurance Co., Ltd. does not currently report emissions or reduction targets, its affiliation with Meritz Financial Group Inc. may play a role in shaping its future climate initiatives.
How Carbon Intensive is Meritz Fire & Marine Insurance Co., Ltd.'s Industry?
How Carbon Intensive is Meritz Fire & Marine Insurance Co., Ltd.'s Location?
Meritz Fire & Marine Insurance Co., Ltd.'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.
Meritz Fire & Marine Insurance Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
