SCB Life Assurance Public Company Limited Sustainability Profile
SCB Life Assurance Public Company Limited, commonly referred to as SCB Life, is a prominent player in Thailand's insurance industry. Headquartered in Bangkok, the company has established a strong presence across major operational regions in Thailand, providing a range of life insurance products and services tailored to meet diverse customer needs. Founded in 2007, SCB Life has achieved significant milestones, including the introduction of innovative insurance solutions that cater to both individual and corporate clients. The company offers a variety of core products, including life insurance, health insurance, and investment-linked policies, distinguished by their customer-centric approach and flexible options. SCB Life's commitment to excellence has positioned it as a trusted name in the market, recognised for its robust financial stability and customer service. With a focus on sustainable growth, SCB Life continues to enhance its offerings, ensuring it remains a leader in the Thai insurance landscape.
DitchCarbon Score
How does SCB Life Assurance Public Company Limited'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
SCB Life Assurance Public Company Limited's score of 36 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SCB Life Assurance Public Company Limited, headquartered in Thailand, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is part of a corporate family that includes FWD Group Holdings Limited, which may influence its climate commitments and performance metrics. As of now, SCB Life Assurance has not established any documented reduction targets or climate pledges. This lack of specific initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the absence of direct emissions data and reduction commitments, it is essential for SCB Life Assurance to consider aligning with industry standards and frameworks, such as the Science Based Targets initiative (SBTi), to enhance its climate action efforts. This alignment could help the company set measurable targets and contribute to broader sustainability goals within the insurance sector.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 493,000 | 000,000 | 000,000 |
| Scope 2 | 4,578,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is SCB Life Assurance Public Company Limited's Industry?
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SCB Life Assurance Public Company Limited's Climate Goals (2030 & 2050)
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.
SCB Life Assurance Public Company Limited 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.
