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 92% 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 reported total carbon emissions of approximately 20,936,937 kg CO2e, comprising 2,196,530 kg CO2e from Scope 1 and 18,740,407 kg CO2e from Scope 2 emissions. Additionally, their Scope 3 emissions, primarily from business travel, reached about 165,196,000 kg CO2e. This marks a significant increase in emissions compared to previous years, with 2022 emissions at approximately 20,524,719 kg CO2e and 2021 at about 11,402,650 kg CO2e. Nan Shan Life has committed to achieving net-zero emissions by 2050, with interim targets aligned with the Science Based Targets initiative (SBTi). Their portfolio targets cover 49% of total investment and lending by total balance sheet assets as of 2022, indicating a strong commitment to sustainable finance. The company has set near-term targets consistent with limiting global warming to 1.5°C, with a specific focus on reducing emissions from scopes 1 and 2. Overall, Nan Shan Life's climate commitments reflect a proactive approach to managing carbon emissions and contributing to global climate goals, despite the recent increase in reported emissions.
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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 | - | 00,000.0 | 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.
