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.
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
Samsung Fire And Marine Insurance's score of 34 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Samsung Fire And Marine Insurance's reported carbon emissions
In 2023, Samsung Fire and Marine Insurance reported total carbon emissions of approximately 42,000,000 kg CO2e. This figure includes 3,144,120 kg CO2e from Scope 1 emissions, 11,985,840 kg CO2e from Scope 2 emissions, and a significant 28,418,560 kg CO2e from Scope 3 emissions. Over the years, the company has shown a trend of decreasing emissions, with total emissions dropping from about 32,044,000 kg CO2e in 2014 to the latest figure in 2023. Notably, emissions from Scope 1 and 2 combined have decreased from 32,044,000 kg CO2e in 2014 to 15,070,000 kg CO2e in 2021, indicating a commitment to reducing operational impacts. Despite these reductions, Samsung Fire and Marine Insurance has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its emissions intensity, with reported figures indicating a reduction in emissions per unit of revenue over the years. Overall, while Samsung Fire and Marine Insurance has made strides in reducing its carbon footprint, further transparency regarding specific climate commitments and future reduction targets would enhance its sustainability profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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
Location emissions 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.
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.
