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.
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.
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.
Shinkong Insurance's score of 29 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Shinkong Insurance reported total carbon emissions of approximately 1,172,383 kg CO2e, comprising 421,631 kg CO2e from Scope 1, 367,176 kg CO2e from Scope 2, and 383,576 kg CO2e from Scope 3 emissions. This marked a notable increase in emissions compared to 2021, where total emissions were about 1,117,928 kg CO2e, with Scope 1 at 367,176 kg CO2e, Scope 2 at 383,576 kg CO2e, and Scope 3 also at 367,176 kg CO2e. In 2020, the total emissions were approximately 1,134,329 kg CO2e, with similar distributions across the scopes. Despite the lack of specific reduction targets or initiatives disclosed, Shinkong Insurance is actively monitoring its emissions across all scopes. The company has not yet committed to any science-based targets or climate pledges, indicating a potential area for future development in their sustainability strategy. As the insurance industry increasingly focuses on climate commitments, Shinkong Insurance's ongoing emissions tracking will be crucial for aligning with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.