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Insurance Services
OM
updated 13 days ago

Oman Qatar Insurance Company SAOG

Company website

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.

22

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.

32

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.

21%

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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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Oman Qatar Insurance Company SAOG's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Oman Qatar Insurance Company SAOG is in OM, which has a medium grid carbon intensity relative to other regions.

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.

Oman Qatar Insurance Company SAOG is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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