Muang Thai Insurance Public Sustainability Profile
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.
DitchCarbon Score
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.
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
Muang Thai Insurance Public's score of 45 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Muang Thai Insurance Public's reported carbon emissions
In 2024, Muang Thai Insurance Public reported total carbon emissions of approximately 2,383,310 kg CO2e. This figure includes 759,000 kg CO2e from Scope 1 emissions, 1,402,000 kg CO2e from Scope 2 emissions, and 222,310 kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of about 2,032,890 kg CO2e, with Scope 1 emissions at 544,370 kg CO2e, Scope 2 at 1,379,540 kg CO2e, and Scope 3 at 224,980 kg CO2e. Muang Thai Insurance has set ambitious climate commitments, aiming to reduce greenhouse gas emissions by 5% by 2025 compared to the 2023 baseline for both Scope 1 and Scope 2 emissions. This target reflects the company's proactive approach to climate management and aligns with industry standards for sustainability. The emissions data is not cascaded from any parent organization, indicating that Muang Thai Insurance Public independently reports its emissions and climate initiatives. The company continues to focus on enhancing its sustainability practices while addressing its carbon footprint.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 |
| Scope 2 | 1,477,390 | 0,000,000 | 0,000,000 |
| Scope 3 | 54,590 | 000,000 | 000,000 |
How Carbon Intensive is Muang Thai Insurance Public's Industry?
How Carbon Intensive is Muang Thai Insurance Public's Location?
Muang Thai Insurance Public'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.
Muang Thai Insurance Public 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.
