Shinkong Insurance Sustainability Profile
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 22 is lower than 82% 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, headquartered in Taiwan (TW), reported a greenhouse gas (GHG) emission intensity of approximately 962.63 kg CO2e per employee. This figure reflects the company's commitment to monitoring its carbon footprint, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. The company has shown a slight improvement in GHG emission intensity from 2021, where it was about 833.0 kg CO2e per employee, and from 2020, which recorded approximately 854.29 kg CO2e per employee. However, there are no specific reduction targets or climate pledges outlined in their current commitments. Shinkong Insurance does not inherit emissions data from any parent company, indicating that its climate performance metrics are independently reported. The absence of detailed emissions data and reduction initiatives suggests that while the company is tracking its GHG emissions, it may need to establish more robust climate commitments and targets to align with industry standards.
How Carbon Intensive is Shinkong Insurance's Industry?
How Carbon Intensive is Shinkong Insurance's Location?
Shinkong Insurance's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Shinkong Insurance has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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