Nan Shan Life Sustainability Profile
Nan Shan Life Insurance Co., Ltd., commonly referred to as Nan Shan Life, is a prominent player in the insurance industry, headquartered in Taipei, Taiwan (TW). Established in 1963, the company has grown to become one of the leading life insurance providers in the region, with a strong presence across various operational areas in Asia. Specialising in life insurance, health insurance, and annuity products, Nan Shan Life distinguishes itself through innovative offerings and customer-centric services. The company has achieved significant milestones, including a robust market position and recognition for its financial stability and comprehensive product range. With a commitment to excellence, Nan Shan Life continues to set benchmarks in the insurance sector, ensuring peace of mind for its clients through tailored solutions and exceptional service.
DitchCarbon Score
How does Nan Shan Life'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 Financial Intermediation 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
Nan Shan Life's score of 45 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nan Shan Life's reported carbon emissions
In 2024, Nan Shan Life Insurance Company, Ltd. reported total emissions of approximately 19,328,790 kg CO2e, comprising 2,338,350 kg CO2e from Scope 1 and 16,990,430 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, including a net-zero target that encompasses all scopes of emissions. Their portfolio targets cover 49% of total investment and lending by total balance sheet assets as of 2022, with required activities making up 49%, optional activities at 13%, and out-of-scope activities at 38%. For the previous year, 2023, Nan Shan Life's emissions were approximately 22,089,110 kg CO2e, with Scope 1 emissions at 37,854,000 kg CO2e and Scope 2 emissions at 19,857,680 kg CO2e. The company has committed to near-term targets aligned with a 1.5°C pathway, aiming for significant reductions by 2028. Nan Shan Life's emissions data is not cascaded from any parent organization, indicating that the reported figures are independently sourced. The company is actively working towards its climate goals, demonstrating a commitment to sustainability within the financial services sector in Taiwan.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 477,720 | 000,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 8,324,130 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000 | - | - | - |
How Carbon Intensive is Nan Shan Life's Industry?
How Carbon Intensive is Nan Shan Life's Location?
Nan Shan Life's Scope 3 Categories Breakdown
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Nan Shan Life'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.
Nan Shan Life has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Nan Shan Life's sustainability data and climate commitments
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