Qatar Insurance Company S.A.Q. (QIC), headquartered in Doha, Qatar, is a leading player in the insurance and asset management industry. Established in 1964, QIC has evolved significantly, expanding its operations across the Middle East and North Africa (MENA) region. The company offers a diverse range of services, including general and life insurance, reinsurance, and asset management, distinguished by its innovative approach and commitment to customer satisfaction. With a strong market position, QIC has achieved notable milestones, including being the first Qatari insurance company to be listed on the Qatar Stock Exchange. Its asset management arm focuses on delivering tailored investment solutions, leveraging local expertise and global insights to optimise client portfolios. As a trusted name in the industry, QIC continues to set benchmarks for excellence in insurance and asset management.
How does Qatar Insurance Company S.A.Q., Asset Management Arm'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.
Mean score of companies in the Real Estate 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.
Qatar Insurance Company S.A.Q., Asset Management Arm's score of 17 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Qatar Insurance Company S.A.Q., Asset Management Arm, currently does not report specific carbon emissions data, 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. As part of its climate strategy, Qatar Insurance Company S.A.Q. has not established specific reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi) or other recognised climate pledges. This lack of publicly available data suggests that the company may still be in the early stages of developing its carbon management strategies. Given the context of the insurance and asset management industry, it is increasingly important for firms to adopt robust climate commitments and transparent reporting practices. As the sector faces growing scrutiny regarding sustainability, Qatar Insurance Company S.A.Q. may benefit from aligning its strategies with industry standards and best practices to enhance its environmental performance and stakeholder trust.
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.
Qatar Insurance Company S.A.Q., Asset Management Arm 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.