Public Profile

Pragati Life Insurance PLC

Pragati Life Insurance PLC, headquartered in Dhaka, Bangladesh, is a prominent player in the life insurance industry, offering a diverse range of financial protection and investment solutions. Established in 1996, the company has achieved significant milestones, including a robust presence across major operational regions in Bangladesh. Specialising in life insurance products, Pragati Life is known for its unique offerings, such as endowment plans, term insurance, and health insurance, designed to meet the evolving needs of its clients. With a commitment to customer satisfaction and financial security, Pragati Life Insurance has positioned itself as a trusted name in the market, recognised for its innovative approach and strong financial performance.

DitchCarbon Score

How does Pragati Life 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.

20

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.

2

Industry Benchmark

Pragati Life Insurance PLC's score of 20 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

68%

Pragati Life Insurance PLC's reported carbon emissions

Pragati Life Insurance PLC, headquartered in Bangladesh, currently does not have publicly available carbon emissions data for the most recent year. However, the company is committed to addressing climate change through various initiatives. While specific reduction targets have not been detailed, Pragati Life Insurance has made a commitment to near-term climate action, indicating a proactive stance in the financial and insurance sector. As of August 2024, the company is classified as "Committed" to near-term targets, although no specific metrics or timelines have been provided. Notably, Pragati Life Insurance has not yet committed to a net-zero target, which is a growing expectation within the industry. In summary, while specific emissions data is lacking, Pragati Life Insurance PLC is taking steps towards climate responsibility, reflecting a broader trend in the insurance sector to enhance sustainability and reduce carbon footprints.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Pragati Life 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. Pragati Life Insurance PLC is headquartered in BD, which has a rank of medium, indicating medium grid carbon intensity.

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.

Pragati Life Insurance PLC 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers