Shin Kong Life
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation 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
Shin Kong Life's score of 39 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shin Kong Life's reported carbon emissions
In 2023, Shin Kong Life reported total carbon emissions of approximately 16,737,210 kg CO2e, with Scope 2 emissions accounting for about 12,484,700 kg CO2e. This marks a decrease from 2022, when total emissions were about 18,005,670 kg CO2e, with Scope 2 emissions at approximately 13,768,620 kg CO2e. The company has set ambitious long-term goals to reduce its carbon emissions by 20% across both Scope 1 and Scope 2 by 2027, using 2022 as the baseline year. Shin Kong Life's emissions data is cascaded from its parent company, Taishin Financial Holding Co., Ltd., reflecting a corporate family relationship. The company currently does not disclose Scope 3 emissions data. Overall, Shin Kong Life is committed to enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,123,290 | - | - | - |
| Scope 2 | 13,071,610 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
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.
Shin Kong Life 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.
