Singapore Life Limited, commonly known as Singlife, is a prominent player in the insurance and financial services industry, headquartered in Singapore (SG). Founded in 2014, the company has rapidly established itself as a leader in digital insurance solutions, focusing on life insurance, health coverage, and investment-linked products. Singlife's innovative approach combines technology with traditional insurance offerings, making it unique in the market. The company has achieved significant milestones, including the launch of its digital platform, which enhances customer experience and accessibility. With a strong commitment to customer-centric services, Singlife has garnered recognition for its market position, consistently striving to redefine the insurance landscape in Singapore and beyond.
How does Singapore Life Limited'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.
Singapore Life Limited's score of 39 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Singapore Life Limited reported total carbon emissions of approximately 456,000 kg CO2e from Scope 2, while Scope 1 emissions remained at 0 kg CO2e. The company also recorded significant Scope 3 emissions, with investments contributing approximately 123,757,000 kg CO2e. In 2022, their Scope 2 emissions were slightly higher at about 459,000 kg CO2e, with Scope 3 emissions reaching approximately 761,328,000 kg CO2e, including investments of about 94,903,000 kg CO2e. Singapore Life Limited has demonstrated a commitment to sustainability, as evidenced by their Scope 2 emissions intensity, which decreased from 316 tCO2e per employee in 2022 to 301 tCO2e per employee in 2023. However, the company has not set specific reduction targets or climate pledges, indicating a potential area for future development in their climate strategy. Overall, Singapore Life Limited is actively monitoring its carbon footprint, particularly in Scope 2 and Scope 3 emissions, as part of its broader sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 459,000 | 000,000 |
Scope 3 | 761,328,000 | 000,000,000 |
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.
Singapore Life Limited 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.