Shin Kong Life Insurance Co., Ltd., commonly referred to as Shin Kong Life, is a prominent player in the Taiwanese insurance industry, headquartered in Taipei, Taiwan (TW). Established in 1963, the company has grown significantly, offering a diverse range of financial products and services, including life insurance, health insurance, and investment-linked policies. Shin Kong Life is recognised for its innovative approach to insurance solutions, catering to the evolving needs of its clients. With a strong market presence, the company has achieved notable milestones, including a robust customer base and a reputation for reliability. Its commitment to customer service and product excellence positions Shin Kong Life as a leader in the competitive insurance landscape of Taiwan and beyond.
How does Shin Kong Life'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 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.
Shin Kong Life's score of 38 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Shin Kong Life reported total carbon emissions of approximately 15,000,210 kg CO2e, comprising 1,463,210 kg CO2e from Scope 1, 12,484,700 kg CO2e from Scope 2, and 2,789,300 kg CO2e from Scope 3 emissions. This represents a decrease from 2022, where total emissions were about 18,005,670 kg CO2e, indicating a positive trend in their emissions management. Over the past few years, Shin Kong Life has demonstrated a commitment to reducing its carbon footprint. In 2021, the company recorded total emissions of approximately 16,978,560 kg CO2e, which included 1,411,560 kg CO2e from Scope 1 and 12,910,600 kg CO2e from Scope 2. The reduction in total emissions from 2021 to 2023 highlights their ongoing efforts to improve sustainability. Despite the absence of specific reduction targets or climate pledges, Shin Kong Life's emissions data reflects a proactive approach to managing and reducing their carbon emissions. The company continues to monitor and report its emissions, aligning with industry standards for climate accountability.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 1,123,290 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 13,071,610 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Shin Kong Life 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.