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Insurance Services
LK
updated 5 days ago

People's Insurance PLC

Company website

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.

30

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

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.

49%

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People's Insurance PLC's reported carbon emissions

Inherited from People's Leasing & Finance PLC

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.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20222023
Scope 1
232,730
0,000,000
Scope 2
1,185,700
000,000
Scope 3
-
000,000.0

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. People's Insurance PLC'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 People's Insurance PLC is in LK, which has a high 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.

People's Insurance PLC 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

Similar Organizations

Janashakthi General Insurance Limited

LK
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 25 days ago

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