Oman Qatar Insurance Company SAOG Sustainability Profile
Oman Qatar Insurance Company SAOG, commonly referred to as OQIC, is a prominent player in the insurance industry, headquartered in Muscat, Oman. Established in 2004, the company has rapidly expanded its operations across the Gulf region, providing a diverse range of insurance solutions tailored to meet the needs of both individuals and businesses. OQIC offers a comprehensive suite of products, including life, health, and general insurance, distinguished by their customer-centric approach and innovative coverage options. With a commitment to excellence, the company has achieved significant milestones, positioning itself as a trusted provider in the market. OQIC's dedication to quality service and robust financial stability has earned it a reputable standing among its peers in the insurance sector.
DitchCarbon Score
How does Oman Qatar Insurance Company SAOG'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 Insurance Services 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
Oman Qatar Insurance Company SAOG's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Oman Qatar Insurance Company SAOG's reported carbon emissions
Oman Qatar Insurance Company SAOG, headquartered in Oman, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Qatar Insurance Company Q.S.P.C., which may influence its climate commitments and reporting practices. While Oman Qatar Insurance Company SAOG has not established specific reduction targets or initiatives, it is important to note that it inherits its climate-related commitments and performance metrics from its parent organisation. This relationship may provide a framework for future climate action and emissions reporting. As the insurance industry increasingly focuses on sustainability, Oman Qatar Insurance Company SAOG's alignment with broader corporate climate strategies will be essential for its environmental impact. The company may benefit from the initiatives and targets set by Qatar Insurance Company Q.S.P.C., which could include participation in global climate frameworks and commitments to reduce carbon footprints. In summary, while specific emissions data and reduction targets are currently unavailable for Oman Qatar Insurance Company SAOG, its affiliation with Qatar Insurance Company Q.S.P.C. suggests potential for future climate commitments and initiatives.
How Carbon Intensive is Oman Qatar Insurance Company SAOG's Industry?
How Carbon Intensive is Oman Qatar Insurance Company SAOG's Location?
Oman Qatar Insurance Company SAOG'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.
Oman Qatar Insurance Company SAOG has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
