Muang Thai Insurance Public Company Limited, commonly referred to as Muang Thai Insurance, is a leading player in Thailand's insurance industry, headquartered in Bangkok. Established in 1951, the company has built a strong reputation for its comprehensive range of insurance products, including life, health, and property insurance, catering to both individual and corporate clients. With a commitment to innovation and customer service, Muang Thai Insurance has achieved significant milestones, including numerous awards for excellence in service and product offerings. The company is well-positioned in the market, recognised for its unique approach to risk management and customer-centric solutions. Operating across major regions in Thailand, Muang Thai Insurance continues to enhance its portfolio, ensuring it meets the evolving needs of its diverse clientele.
How does Muang Thai Insurance Public'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.
Mean score of companies in the 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.
Muang Thai Insurance Public's score of 26 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Muang Thai Insurance Public reported total carbon emissions of approximately 2,148,550 kg CO2e. This figure includes Scope 1 emissions of about 544,370 kg CO2e, primarily from direct operations, and Scope 2 emissions of approximately 1,379,540 kg CO2e, which are associated with purchased electricity. Additionally, the company recorded Scope 3 emissions of around 224,980 kg CO2e, with waste generated in operations contributing approximately 215,580 kg CO2e. Despite the detailed emissions data for 2023, there are no specified reduction targets or climate pledges outlined by Muang Thai Insurance. The company has not publicly committed to Science-Based Targets Initiative (SBTi) reduction targets or other formal climate commitments. The absence of such initiatives suggests a potential area for improvement in their climate strategy, especially in the context of increasing industry expectations for sustainability and carbon footprint reduction.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2023 | |
---|---|
Scope 1 | 544,370 |
Scope 2 | 1,379,540 |
Scope 3 | 224,980 |
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.
Muang Thai Insurance Public 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.