Nan Shan Life
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 40 is higher than 65% 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 2023, Nan Shan Life Insurance Company, Ltd. reported total carbon emissions of approximately 219,653 kg CO2e for Scope 1, 18,740,407 kg CO2e for Scope 2, and a significant 165,196,000 kg CO2e for Scope 3, primarily from business travel. The combined total for Scope 1 and Scope 2 emissions was about 20,936,937 kg CO2e. This reflects a slight increase in emissions compared to 2022, where Scope 1 emissions were approximately 1,766,859 kg CO2e, Scope 2 emissions were about 18,757,860 kg CO2e, and Scope 3 emissions from business travel were around 63,382,000 kg CO2e. Nan Shan Life has committed to long-term net-zero targets, with a focus on covering 49% of its total investment and lending by total balance sheet assets as of 2022. This commitment aligns with the Science Based Targets initiative (SBTi) and aims to ensure that emissions reductions are consistent with limiting global warming to 1.5°C. The company is a member of the BA1.5 initiative and has set near-term targets for 2028, indicating a proactive approach to climate action. Overall, while the emissions data shows an increase in certain areas, Nan Shan Life's commitment to significant climate targets and its alignment with industry standards reflect a dedication to reducing its carbon footprint in the financial sector.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 895,350 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 11,227,010 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000 | 00,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions 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.
Nan Shan Life is participating in some of the initiatives that 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.
