Public Profile

MSIG Insurance

MSIG Insurance (Malaysia) Bhd, a prominent player in the insurance industry, is headquartered in Kuala Lumpur, Malaysia. Established in 2000, the company has built a strong reputation across Southeast Asia, particularly in Malaysia, where it offers a comprehensive range of insurance solutions. Specialising in general insurance, MSIG provides unique products such as motor, property, and travel insurance, tailored to meet the diverse needs of its customers. The company is recognised for its commitment to innovation and customer service, positioning itself as a trusted partner in risk management. With a focus on sustainability and community engagement, MSIG Insurance has achieved notable milestones, including various industry awards that underscore its market leadership and dedication to excellence in the insurance sector.

DitchCarbon Score

How does MSIG 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.

23

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.

2

Industry Benchmark

MSIG Insurance's score of 23 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

MSIG Insurance's reported carbon emissions

In 2023, MSIG Insurance reported total carbon emissions of approximately 1,850,982 kg CO2e, comprising 150,293 kg CO2e from Scope 1, 1,819,297 kg CO2e from Scope 2, and 53,392 kg CO2e from Scope 3 emissions. The majority of their emissions stem from Scope 2, indicating significant energy consumption in their operations. Currently, MSIG Insurance has not established specific reduction targets or initiatives, nor do they have a climate pledge in place. This lack of formal commitments highlights an opportunity for the company to enhance its sustainability efforts and align with industry standards for climate action. As the insurance sector increasingly prioritises environmental responsibility, MSIG Insurance's future climate commitments will be crucial in addressing their carbon footprint and contributing to global climate goals.

Unlock detailed emissions data

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

Get Started
2023
Scope 1
150,293
Scope 2
1,819,297
Scope 3
53,392

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. MSIG Insurance'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. MSIG Insurance is headquartered in MY, which has a rank of medium, indicating medium grid carbon 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.

MSIG Insurance is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers