People's Insurance PLC Sustainability Profile
People's Insurance PLC, a prominent player in the insurance sector, is headquartered in Sri Lanka (LK) and has established a strong presence across the island. Founded in 2003, the company has rapidly evolved, offering a diverse range of insurance products, including life, health, and general insurance, tailored to meet the unique needs of its clients. With a commitment to customer-centric solutions, People's Insurance PLC stands out for its innovative approach and comprehensive coverage options. The company has garnered recognition for its financial stability and exceptional service, positioning itself as a trusted choice in the competitive insurance market. Notable achievements include a growing portfolio and a reputation for reliability, making People's Insurance PLC a key player in Sri Lanka's insurance landscape.
DitchCarbon Score
How does People's Insurance PLC'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
People's Insurance PLC's score of 30 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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People's Insurance PLC, headquartered in LK, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of People's Leasing & Finance PLC, which may influence its climate-related initiatives and reporting. While there are no documented reduction targets or climate pledges from People's Insurance PLC, it is important to note that emissions data and performance metrics may be inherited from its parent company, People's Leasing & Finance PLC. This cascading of data suggests that any climate commitments or emissions reductions may align with the broader strategies of the parent organization. As of now, without specific emissions data or defined reduction initiatives, People's Insurance PLC's climate commitments remain unclear. The company may benefit from adopting industry-standard climate strategies and setting measurable targets to enhance its sustainability profile in the insurance sector.
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Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 232,730 | 0,000,000 |
| Scope 2 | 1,185,700 | 000,000 |
| Scope 3 | 1,569,540 | 000,000.0 |
How Carbon Intensive is People's Insurance PLC's Industry?
How Carbon Intensive is People's Insurance PLC's Location?
People's Insurance PLC'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.
People's Insurance PLC 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.
