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Public Profile
Insurance Services
KR
updated 5 months ago

Seoul Guarantee Insurance Company

Company website

Seoul Guarantee Insurance Company, often referred to as SGIC, is a prominent player in the South Korean insurance industry, headquartered in Seoul, KR. Established in 1969, SGIC has built a strong reputation for its expertise in surety bonds and various insurance products, catering to both individual and corporate clients across the nation. With a focus on risk management and financial security, SGIC offers a diverse range of services, including performance bonds, credit guarantees, and other specialised insurance solutions. The company is recognised for its innovative approach and commitment to customer satisfaction, positioning itself as a leader in the surety market. Over the years, SGIC has achieved significant milestones, solidifying its market position and earning accolades for its financial stability and service excellence. As a trusted partner in the insurance sector, SGIC continues to adapt to the evolving needs of its clients, ensuring comprehensive coverage and peace of mind.

DitchCarbon Score

How does Seoul Guarantee Insurance Company'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.

28

Industry Benchmark

Seoul Guarantee Insurance Company's score of 20 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

17%

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Seoul Guarantee Insurance Company's reported carbon emissions

Seoul Guarantee Insurance Company, headquartered in South Korea (KR), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that the company may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. In the context of the insurance industry, many companies are increasingly focusing on sustainability and climate commitments, often setting science-based targets to align with global climate goals. However, without specific emissions data or reduction initiatives, it is unclear how Seoul Guarantee Insurance Company is addressing climate change or contributing to industry-wide efforts.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Seoul Guarantee Insurance Company'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. This request for Seoul Guarantee Insurance Company is 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.

Seoul Guarantee Insurance Company is not participating in any of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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