Public Profile

Samsung Fire And Marine Insurance

Samsung Fire and Marine Insurance Co., Ltd., commonly referred to as Samsung Fire, is a leading player in the South Korean insurance industry, headquartered in Seoul, South Korea (KR). Established in 1952, the company has grown significantly, expanding its operations across major regions in Asia and beyond. Specialising in property, casualty, and marine insurance, Samsung Fire distinguishes itself through innovative risk management solutions and a customer-centric approach. The company has achieved notable milestones, including recognition for its financial stability and comprehensive service offerings. With a strong market position, Samsung Fire continues to set industry standards, providing tailored insurance products that meet the diverse needs of individuals and businesses alike. Its commitment to excellence and continuous improvement solidifies its reputation as a trusted insurance provider in the competitive landscape.

DitchCarbon Score

How does Samsung Fire And Marine Insurance'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.

34

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

Samsung Fire And Marine Insurance's score of 34 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

88%

Samsung Fire And Marine Insurance's reported carbon emissions

In 2023, Samsung Fire and Marine Insurance reported total carbon emissions of approximately 28,418,560 kg CO2e, with Scope 1 emissions at about 3,144,120 kg CO2e and Scope 2 emissions at approximately 11,985,840 kg CO2e. Notably, the company has also disclosed Scope 3 emissions, which total around 28,418,560 kg CO2e. Over the years, Samsung Fire and Marine Insurance has demonstrated a significant reduction in emissions. For instance, total emissions decreased from about 32,044,000 kg CO2e in 2014 to the current figure, reflecting a commitment to improving their environmental impact. The company has consistently reported emissions across Scopes 1, 2, and 3, indicating a comprehensive approach to carbon accounting. Despite the absence of specific reduction targets or climate pledges, the ongoing decrease in emissions suggests a proactive stance towards sustainability. The company’s efforts align with industry standards for climate action, focusing on transparency and accountability in emissions reporting.

Unlock detailed emissions data

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

Get Started
2014201520162017201820192020202120222023
Scope 1
5,316,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
26,762,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
0,000,000
-
-
0,000,000
0,000,000
0,000,000
0,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Samsung Fire And Marine Insurance'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. Samsung Fire And Marine Insurance is headquartered in KR, which we do not have grid emissions data for.

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.

Samsung Fire And Marine Insurance is not committed to any 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

Similar Organizations

Meritz Fire & Marine Insurance Co., Ltd.

KR
Insurance and pension funding services, except compulsory social security services (66)
Updated 7 days ago

DAS Legal Expenses Insurance Co.,Ltd.

KR
Insurance and pension funding services, except compulsory social security services (66)
Updated 9 days ago
DitchCarbon Score

Aig

US
Insurance and pension funding services, except compulsory social security services (66)
Updated 3 days ago

BAO VIETINSURANCE.

VN
Insurance and pension funding services, except compulsory social security services (66)
Updated 4 days ago

Where does DitchCarbon data come from?

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