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 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.
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, the company recorded significant Scope 3 emissions, particularly from business travel, amounting to 165,196,000 kg CO2e. Over the years, Nan Shan Life has demonstrated a commitment to reducing its carbon footprint. The company has set long-term net-zero targets, aiming for a comprehensive reduction across all scopes by 2050. As part of its strategy, it has committed to aligning its operations with the Science Based Targets initiative (SBTi), ensuring that its emissions reduction targets are consistent with the goal of limiting global warming to 1.5°C. In 2022, the company’s portfolio targets covered 49% of its total investment and lending by total balance sheet assets, indicating a proactive approach to integrating sustainability into its financial practices. This commitment reflects a broader industry trend towards enhanced climate responsibility among financial institutions, particularly in Taiwan.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.