Shinkong Insurance
Shinkong Insurance Co., Ltd., commonly referred to as Shinkong Insurance, is a prominent player in the Taiwanese insurance industry, headquartered in Taipei, Taiwan (TW). Established in 1963, the company has steadily evolved, offering a diverse range of insurance products, including life, health, and property insurance, tailored to meet the needs of both individual and corporate clients. With a strong presence across major operational regions in Taiwan, Shinkong Insurance is recognised for its commitment to customer service and innovative insurance solutions. The company has achieved significant milestones, including the introduction of unique policy features that enhance customer protection. As a trusted name in the market, Shinkong Insurance continues to uphold its reputation for reliability and excellence, making it a preferred choice for insurance coverage in Taiwan.
DitchCarbon Score
How does Shinkong 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 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
Shinkong Insurance's score of 29 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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Shinkong Insurance's reported carbon emissions
In 2022, Shinkong Insurance reported total carbon emissions of approximately 421,631 kg CO2e for Scope 1, 367,176 kg CO2e for Scope 2, and 383,576 kg CO2e for Scope 3. This reflects a slight increase in Scope 1 emissions compared to 2021, where they were about 367,176 kg CO2e, while Scope 2 emissions remained constant. The total emissions for 2021 were approximately 1,117,928 kg CO2e across all scopes. Shinkong Insurance has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company continues to monitor and report its emissions, indicating a commitment to transparency in its climate impact. The emissions data highlights the importance of ongoing efforts to manage and reduce carbon footprints within the insurance industry, particularly in the context of global climate commitments.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 383,576.29 | 000,000 | 000,000 |
| Scope 2 | 367,176 | 000,000.00 | 000,000 |
| Scope 3 | 383,576.29 | 000,000 | 000,000.00 |
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.
Shinkong Insurance 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.
