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.
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.
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.
Nan Shan Life's score of 26 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Nan Shan Life reported total carbon emissions of approximately 20,936,937 kg CO2e, comprising 3,516,206,000 kg CO2e from Scope 1, 3,203,968,000 kg CO2e from Scope 2, and 3,181,738,000 kg CO2e from Scope 3 emissions. This reflects a continued commitment to reducing their carbon footprint across all scopes. The company has set ambitious long-term climate targets, committing to net-zero emissions by 2050. Their portfolio targets cover about 49% of total investment and lending by total balance sheet assets as of 2022, with required activities making up 49%, optional activities 13%, and out-of-scope activities 38%. These targets align with the Science Based Targets initiative (SBTi) and are designed to keep global warming below 1.5°C. In 2022, total emissions were reported at approximately 20,524,719 kg CO2e, indicating a slight increase in emissions in 2023. The company is actively working on initiatives to reduce emissions, particularly in Scope 3, which includes significant contributions from business travel and purchased goods and services. Nan Shan Life's ongoing efforts demonstrate a proactive approach to climate action within the financial sector, reflecting their commitment to sustainability and responsible investment practices.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 895,350 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 11,227,010 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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 committed to some 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.